Vontier Corp. (VNT) Tops Q4 EPS by 3c; Guides for FY23
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Vontier Reports Fourth Quarter and Full Year 2022 Results; Initiates 2023 Guidance
February 16, 2023 6:00 AM ESTFourth Quarter 2022 Highlights:
Revenues of $872 million, up 10% vs. prior year; Core revenue growth of 10% (up 11% ex-EMV) GAAP diluted EPS of $0.43; Adjusted diluted EPS of $0.81 vs. prior guide of $0.73 to $0.78 Orders up 10% vs. prior year; Core orders up 10% (up 18% ex-EMV)Full Year 2022 Highlights:
2022 revenues of $3.2 billion, up 7% vs. prior year; Core revenue growth of 3% (up 7% ex-EMV) 2022 GAAP diluted EPS of $2.49, Adjusted diluted EPS of $3.08 vs. prior guide of $3.00 to $3.05 Completed over $325 million in share repurchases and over $275 million in acquisitionsOutlook for... More
