secwatch.observer — SEC 8-K summary
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Issuer:     Vontier Corp (VNT)
CIK:        0001786842
Form:       8-K
Filed at:   2024-02-15T23:59:59+00:00
Accession:  0001786842-24-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vontier Q4 adj EPS $0.80 beats $0.75-0.79 guide; FY2024 adj EPS guidance $3.00-$3.15
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- Q4 sales $789M (-10% YoY), core -7%; GAAP EPS $0.68; adj EPS $0.80 beat prior guide $0.75-$0.79.
- FY 2023 adj EPS $2.89 beat $2.83-$2.87; sales $3.1B (-3% YoY); core -2% (+9% ex-EMV).
- FY 2024 adj EPS guidance $3.00-$3.15; core sales growth +4-6%; adj FCF conversion ~90-100%.
- 2023: $300M debt paydown, net leverage 2.8x; $75M share repurchases; Coats divestiture ~$73M net, announced Jan 8.
- Segments: Mobility +4% core, Repair +5% core, Enviro/Fueling -19% core (EMV headwinds); margins up in Mobility and Repair.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786842/000178684224000012/0001786842-24-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786842/000178684224000012/vnt-20240215.htm
  HTML page:      https://secwatch.observer/filing/0001786842-24-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer