Vontier Corporation (VNT) revealed a profit for its fourth quarter that increased from last year and beat the Street estimates.
The company's bottom line came in at $123.50 million, or $0.82 per share. This compares with $106.20 million, or $0.68 per share, last year.
Excluding items, Vontier Corporation reported adjusted earnings of $120.80 million or $0.80 per share for the period.
Analysts on average had expected the company to earn $0.79 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 1.5% to $776.80 million from $789.00 million last year.
Vontier Corporation earnings at a glance (GAAP) :
-Earnings: $123.50 Mln. vs. $106.20 Mln. last year.
-EPS: $0.82 vs. $0.68 last year.
-Revenue: $776.80 Mln vs. $789.00 Mln last year.
-Guidance:
Next quarter EPS guidance: $0.71 - $0.74
FY25 EPS Guidance $3.00 - $3.15
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