Vontier Corp. (VNT) Tops Q4 EPS by 2c, Revenues Beat; Offers 1Q & FY21 EPS Guidance

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Vontier Reports Fourth Quarter 2020 Results

February 11, 2021 6:00 AM EST

RALEIGH, N.C.--(BUSINESS WIRE)-- Vontier Corporation (Vontier) (NYSE: VNT) today announced results for the fourth quarter 2020.

For the fourth quarter ended December 31, 2020, net earnings were $136.8 million. For the same period, adjusted net earnings were $147.4 million. Diluted net earnings per share for the fourth quarter ended December 31, 2020 were $0.81. For the same period, adjusted diluted net earnings per share were $0.87.

For the fourth quarter of 2020, revenue increased 9.6% year-over-year to $815.0 million, which reflected an increase in core revenue of 8.5%.

Mark D. Morelli, President and Chief Executive Officer, stated, Our fourth quarter... More