Vontier Corp. (NYSE: VNT) reported Q4 EPS of $0.87, $0.02 better than the analyst estimate of $0.85. Revenue for the quarter came in at $815 million versus the consensus estimate of $799.1 million.

Mark D. Morelli, President and Chief Executive Officer, stated, “Our fourth quarter results exhibited a strong finish to an unprecedented year with 21% adjusted earnings per share growth. 2020 was a testament to our ability to leverage our unique heritage of the Vontier Business System and drive top tier core growth and operating margin expansion and generate outstanding free cash flow.”

GUIDANCE:

Vontier Corp. sees Q1 2021 EPS of $0.52-$0.55.

Vontier Corp. sees FY2021 EPS of $2.35-$2.45.

• For the first quarter of 2021, Vontier anticipates diluted net earnings per share to be in the range of $0.47 to $0.50 and adjusted diluted net earnings per share to be in the range of $0.52 to $0.55.
• For the full year 2021, Vontier anticipates diluted net earnings per share to be in the range of $2.15 to $2.25 and adjusted diluted net earnings per share to be in the range of $2.35 to $2.45.
• Mr. Morelli added, “We have positive momentum as we enter 2021 focused on the continued evolution of our portfolio and are prioritizing initiatives to accelerate profitable growth. With substantial balance sheet flexibility, I’m confident in our capital allocation strategy to further enhance our growth profile across these attractive mobility markets.”

For earnings history and earnings-related data on Vontier Corp. (VNT) click here.