earnings
confidence high
sentiment positive
materiality 0.80
Veralto Q1 sales up 6.7% to $1.42B; raises FY adjusted EPS guidance to $4.20-4.28
Veralto Corp
2026-Q1 EPS reported
$1.02
revenue$1,422,000,000
- Sales $1,422M (+6.7% YoY); core sales growth 1.9%; adjusted EPS $1.07, up 13% YoY.
- Raised FY 2026 adjusted EPS guidance to $4.20-$4.28 from $4.10-$4.20; Q2 guided $0.96-$1.00.
- ~$1B capital allocation YTD: ~$620M for acquisitions (In-Situ, GlobalVision); $300M share buybacks (1.3% of shares).
- Initiated cost optimization program; expects $85-$105M charge and $65-$75M annual savings by 2028.
- Operating cash flow $182M; free cash flow $170M; free cash flow conversion guided ~100% of GAAP net earnings.