Vontier Corp. (VNT) Tops Q1 EPS by 7c; Bumps Guidance
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Vontier Reports Strong First Quarter 2023 Results and Raises Full Year Guidance
May 4, 2023 6:20 AM EDTFirst Quarter 2023 Highlights:
Sales of $776 million, up 4% vs. prior year; Core sales growth of 4% GAAP diluted EPS of $0.53; Adjusted diluted net EPS of $0.68 vs. prior guide of $0.57 to $0.62 Operating cash flow was $81 million; Adjusted Free Cash Flow was $78 million, representing 73% Adjusted Free Cash Flow ConversionGuidance:
Initiating Q2 2023 guidance for Adjusted diluted net EPS of $0.61 to $0.66 Increasing full-year 2023 Adjusted diluted net EPS guidance to $2.77 to $2.87RALEIGH, N.C.--(BUSINESS WIRE)-- Vontier Corporation (NYSE:... More
