Vontier Corp. (VNT) Reports In-Line Q3 EPS; Offers FY22 EPS Guidance
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Vontier Reports Third Quarter Results and Revises Full-Year 2022 Outlook
November 3, 2022 6:00 AM EDTGAAP EPS of $0.32; Adjusted EPS of $0.86, up 8% vs prior year Q3 revenues of $788 million, up 3% vs. prior year; Core down 2%; or +3% ex-EMV, reflecting double-digit growth in fueling dispenser aftermarket and alternative fuels GAAP operating profit margin down 270 basis points vs. prior year Adjusted operating profit margin expanded 40 basis points driven by strong price/cost performance and benefits from ongoing cost reduction actions Revises guidance for full-year GAAP EPS of $2.66 - $2.71; Adjusted EPS now $3.00 - $3.05, up 4-6% vs. prior year
RALEIGH, N.C.--(BUSINESS WIRE)-- Vontier Corporation (NYSE:... More
