• Veralto Corp VLTO.N reported quarterly adjusted earnings of 95 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 84 cents. The mean expectation of eleven analysts for the quarter was for earnings of 87 cents per share. Wall Street expected results to range from 85 cents to 88 cents per share.

• Revenue rose 6.9% to $1.33 billion from a year ago; analysts expected $1.28 billion.

• Veralto Corp's reported EPS for the quarter was 90 cents​.

• The company reported quarterly net income of $225 million.

• Veralto Corp shares had fallen by 4.5% this quarter and lost 8.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.2% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell." The average consensus recommendation for the environmental services & equipment peer group is also "buy"

• Wall Street's median 12-month price target for Veralto Corp is $104.00

This summary was machine generated from LSEG data April 30 at 11:04 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)