Veralto Corp

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Veralto Corp reports robust Q3 performance and raises full-year guidance

Veralto Corp's Q3 2024 performance reflects strong sales growth, margin expansion, and strategic acquisitions driving future growth.
The company's focus on profitability, investments in technology, and raised EPS guidance underscore confidence in sustained performance.
While challenges like regulatory changes and integration efforts exist, Veralto is well-positioned to capitalize on opportunities for growth and market leadership.

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Veralto Corp. engages in the provision of environmental and applied solutions. Its segments include Water Quality and Product Quality & Innovation. The Water Quality segment provides comprehensive portfolios of water analytics and differentiated water treatment solutions that enable the reliable delivery of safe drinking water by public and private utilities. The Product Quality & Innovation segment provides a broad set of solutions for brand owners and consumer packaged goods companies that enable speed to market as well as traceability and quality control of their products. The company was founded on October 26, 2022 and is headquartered in Waltham, MA.

Creates Strategic Partnership with a Leading Provider of Contaminant Destruction Technology WALTHAM, Mass. , Nov. 13, 2024 /PRNewswire/ -- Veralto Corporation (NYSE: VLTO) (the "Company"), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, announced an investment of approximately $15 million to establish a minority interest in Axine Water Technologies, a leading provider of electrochemical oxidation technology for contaminant destruction.

Veralto Invests in Axine Water Technologies

Amadeus IT Group SA

Investors looking for stocks in the Technology Services sector might want to consider either Amadeus IT Group SA Unsponsored ADR (AMADY) or Veralto (VLTO). But which of these two stocks offers value investors a better bang for their buck right now?

AMADY or VLTO: Which Is the Better Value Stock Right Now?

I maintain a bullish view on Veralto due to strong demand tailwinds, core sales growth, and expanding adj EBITDA margins. 3Q24 results showed $1.31 billion revenue, 4.6% core sales growth, and margin expansion, leading to an EPS beat and raised FY24 adj EPS guidance. The WQ segment shows robust growth, driven by chemical treatment demand.

Veralto: Growth Tailwinds Remain Intact

Veralto (VLTO) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Down -5.67% in 4 Weeks, Here's Why You Should You Buy the Dip in Veralto (VLTO)

Veralto Corporation (NYSE:VLTO ) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Ryan Taylor - Vice President of Investor Relations Jennifer Honeycutt - President & Chief Executive Officer Sameer Ralhan - Senior Vice President & Chief Financial Officer Conference Call Participants Andy Kaplowitz - Citigroup Mike Halloran - Baird Nathan Jones - Stifel Deane Dray - RBC Capital Markets Brian Lee - Goldman Sachs Andrew Buscaglia - BNP Paribas Andrew Krill - Deutsche Bank Joe Giordano - TD Cowen Damian Karas - UBS Brad Hewitt - Wolfe Research Operator Please standby. Your program is about to begin.

Veralto Corporation (VLTO) Q3 2024 Earnings Call Transcript

Veralto (VLTO) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.75 per share a year ago.

Veralto (VLTO) Q3 Earnings and Revenues Surpass Estimates

WALTHAM, Mass. , Oct. 23, 2024 /PRNewswire/ -- Veralto (NYSE: VLTO) (the "Company"), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™ announced results for the third quarter ended September 27, 2024.

Veralto Reports Third Quarter 2024 Results

Veralto (VLTO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Veralto (VLTO) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Expands Ability to Help Ensure Safety, Traceability and Compliance in the Food and Beverage Industry,  Aligns with Veralto's Commitment to Safeguarding Water, Food and Essential Goods WALTHAM, Mass. , Oct. 7, 2024 /PRNewswire/ -- Veralto Corporation (NYSE: VLTO) (the "Company"), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, announced that it has acquired the holding company that owns TraceGains for a purchase price of $350 million (subject to customary post-closing adjustments).

Veralto Acquires TraceGains

WALTHAM, Mass. , Oct. 3, 2024 /PRNewswire/ -- Veralto Corporation (NYSE: VLTO), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, announced that it will webcast its third quarter 2024 earnings conference call on Thursday, October 24, 2024, beginning at 8:30 a.m.

Veralto Schedules Third Quarter 2024 Earnings Call

WALTHAM, Mass. , Sept. 24, 2024 /PRNewswire/ -- Veralto (NYSE: VLTO), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, announced today that its board of directors has approved a quarterly cash dividend of $0.09 per share of its common stock, payable on October 31, 2024 to holders of record as of the close of business on September 27, 2024.

Veralto Announces Quarterly Dividend

Veralto Corporation (NYSE:VLTO ) Q2 2024 Earnings Conference Call July 26, 2024 8:30 AM ET Company Participants Ryan Taylor - VP, IR Jennifer Honeycutt - President & CEO Sameer Ralhan - SVP & CFO Conference Call Participants Scott Davis - Melius Research Deane Dray - RBC Capital Markets Andrew Kaplowitz - Citigroup John McNulty - BMO Capital Markets Mike Halloran - Baird Brian Lee - Goldman Sachs Brad Hewitt - Wolfe Research Nathan Jones - Stifel Andrew Krill - Deutsche Bank Andrew Buscaglia - BNP Paribas Joe Giordano - TD Cowen Operator My name is Leo, and I will be your conference operator this morning. At this time, I would like to welcome everyone to Veralto Corporation's Second Quarter 2024 Conference Call.

Veralto Corporation (VLTO) Q2 2024 Earnings Call Transcript

WALTHAM, Mass. , July 25, 2024 /PRNewswire/ -- Veralto (NYSE: VLTO) (the "Company"), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, announced results for the second quarter ended June 28, 2024.

Veralto Reports Second Quarter 2024 Results

New independent director brings extensive executive management and digital technology leadership WALTHAM, Mass. , July 16, 2024 /PRNewswire/ -- Veralto (NYSE: VLTO), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, has appointed Vijay Sankaran to its board of directors.

Veralto Announces Appointment of Vijay Sankaran to Board of Directors

Parsons Corp

Investors interested in Technology Services stocks are likely familiar with Parsons (PSN) and Veralto (VLTO). But which of these two stocks presents investors with the better value opportunity right now?

PSN vs. VLTO: Which Stock Is the Better Value Option?

VLTO is recommended as a buy due to its leading position in Water Quality and Product Quality & Innovation segments. Strong growth outlook for VLTO in both segments, supported by historical growth trends and margin expansion. WQ segment benefits from growth catalysts such as semiconductor demand and US government funding for water infrastructure.

Veralto Corp.: Growth Catalysts In Both Operating Segments

WALTHAM, Mass. , July 2, 2024 /PRNewswire/ -- Veralto Corporation (NYSE: VLTO), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, announced that it will webcast its second quarter 2024 earnings conference call on Friday, July 26, 2024, beginning at 8:30 a.m.

Veralto Schedules Second Quarter 2024 Earnings Call

Kyndryl Holdings

Investors looking for stocks in the Technology Services sector might want to consider either Kyndryl Holdings, Inc. (KD) or Veralto (VLTO). But which of these two companies is the best option for those looking for undervalued stocks?

KD vs. VLTO: Which Stock Should Value Investors Buy Now?

Investors interested in stocks from the Technology Services sector have probably already heard of Kyndryl Holdings, Inc. (KD) and Veralto (VLTO). But which of these two companies is the best option for those looking for undervalued stocks?

KD or VLTO: Which Is the Better Value Stock Right Now?

Investors interested in stocks from the Technology Services sector have probably already heard of Kyndryl Holdings, Inc. (KD) and Veralto (VLTO). But which of these two stocks offers value investors a better bang for their buck right now?

KD vs. VLTO: Which Stock Is the Better Value Option?

WALTHAM, Mass. , May 21, 2024 /PRNewswire/ -- Veralto (NYSE: VLTO), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™ announced today that Sameer Ralhan, Senior Vice President and Chief Financial Officer will participate in investor meetings at the Wolfe Research 17th Annual Global Transportation and Industrials Conference on Thursday, May 23, 2024.

Veralto to Participate in the Wolfe Research 17th Annual Global Transportation and Industrials Conference

Veralto Corporation (NYSE:VLTO ) Q1 2024 Earnings Conference Call April 24, 2024 8:30 AM ET Company Participants Ryan Taylor - Vice President of Investor Relations Jennifer Honeycutt - President & Chief Executive Officer Sameer Ralhan - Senior Vice President & Chief Financial Officer Conference Call Participants Scott Davis - Melius Research Andy Kaplowitz - Citigroup Jeff Sprague - Vertical Research Partners Mike Halloran - Baird Deane Dray - RBC Capital Markets Andrew Krill - Deutsche Bank Nathan Jones - Stifel Andrew Buscaglia - BNP Paribas Brian Lee - Goldman Sachs Operator Please standby. Your program is about to begin.

Veralto Corporation (VLTO) Q1 2024 Earnings Call Transcript

WALTHAM, Mass. , April 23, 2024 /PRNewswire/ -- Veralto (NYSE: VLTO) (the "Company"), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™ announced results for the first quarter ended March 29, 2024.

Veralto Reports First Quarter 2024 Results

WALTHAM, Mass. , April 3, 2024 /PRNewswire/ -- Veralto Corporation (NYSE: VLTO), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, announced that it will webcast its quarterly earnings conference call for the first quarter 2024 on Wednesday, April 24, 2024, beginning at 8:30 a.m.

Veralto Schedules First Quarter 2024 Earnings Call

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It doesn't seem like it based on the mercurial valuations of certain innovators but a rotation away from technology could open doors for stocks hedge funds are buying. Basically, it may be time to consider following the money.

News for Veralto Corp Stock (VLTO)