Vontier Corp. (NYSE: VNT) reported Q3 EPS of $0.73, $0.05 better than the analyst estimate of $0.68. Revenue for the quarter came in at $765 million versus the consensus estimate of $754.58 million.

2023 Outlook

Total sales down low-single digits; Core sales down low-single digits; Baseline* core sales growth of high-single digits
Adjusted operating profit margin down ~80 basis points; Baseline* adjusted operating profit margin expansion of ~180 basis points
Adjusted diluted EPS in the range of $2.83 to $2.87, compares to the prior range of $2.79 to $2.87 and the consensus of $2.85
Adjusted free cash flow conversion of ~90-100%

Q4 2023 Outlook

Total sales down low-double digits; Core sales down high-single digits to low-double digits; Baseline* core sales growth of low-to-mid-single digits
Adjusted operating profit margin expansion of 90 to 130 basis points year-over-year; Baseline* adjusted operating profit margin expansion of 350 to 390 basis points year-over-year
Adjusted diluted EPS of $0.75 to $0.79 and the consensus of $0.68

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