secwatch.observer — SEC 8-K summary
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Issuer:     Vontier Corp (VNT)
CIK:        0001786842
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0001786842-24-000071
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vontier beats Q3 expectations; core sales +2.8%, adj EPS $0.73; narrows FY guidance to ~$2.90
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- Q3 sales $750M (-2% reported, +2.8% core); GAAP diluted EPS $0.60, adjusted $0.73.
- Environmental & Fueling core sales +8.5% with margin expansion 50bps; Mobility core +4.2% but margin -270bps.
- Repair Solutions core sales -5.1%, margin -560bps on macro pressures and bad debt reserves.
- Repurchased $105M of stock in Q3 ($165M YTD); net leverage 2.7x.
- Full-year 2024 adjusted EPS narrowed to $2.86-$2.92 (midpoint $2.90); Q4 guidance ~$0.79.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786842/000178684224000071/0001786842-24-000071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786842/000178684224000071/vnt-20241031.htm
  HTML page:      https://secwatch.observer/filing/0001786842-24-000071

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