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Waltham, Massachusetts-based Veralto Corporation (VLTO) provides water analytics, water treatment, marking and coding, and packaging and color solutions and services. Valued at a market cap of $25.7 billion, the company serves various industries, including municipal utilities, food and beverage, pharmaceutical, and industrials. It is scheduled to announce its fiscal Q2 earnings for 2025 on Thursday, Jul. 24.
Prior to this event, analysts project this water treatment company to report a profit of $0.89 per share, up 4.7% from $0.85 per share in the year-ago quarter. The company has a solid trajectory of consistently beating Wall Street’s bottom-line estimates in each of the last four quarters. Its earnings of $0.95 per share in the previous quarter outpaced the consensus estimates by 9.2%.
For the full year, analysts expect Veralto to report EPS of $3.70, up 4.5% from $3.54 in fiscal 2024. Furthermore, its EPS is expected to grow 8.4% year-over-year to $4.01 in fiscal 2026.
Veralto has gained 8.8% over the past 52 weeks, lagging behind both the S&P 500 Index's ($SPX) 13.4% uptick and the Industrial Select Sector SPDR Fund’s (XLI) 22.8% return over the same time frame.
On Apr. 29, Veralto released better-than-expected Q1 results, prompting its share price to rise over 3% in the following trading session. The company’s revenue grew 6.9% year-over-year to $1.3 billion and surpassed the consensus estimates by 3.9%. Meanwhile, its adjusted EPS of $0.95 advanced 13.1% from the year-ago quarter, exceeding Wall Street estimates by 9.2%. Its core sales improved by 7.8%, thanks to broad-based growth across its Product Quality and Innovation (PQI) and Water Quality segments.
Wall Street analysts are moderately optimistic about Veralto’s stock, with a "Moderate Buy" rating overall. Among 15 analysts covering the stock, eight recommend "Strong Buy," and seven advise “Hold.” The mean price target for VLTO is $110.51, which indicates a 6.5% potential upside from the current levels.
On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
