Skip to main content

Veralto: Q1 Earnings Snapshot

WALTHAM, Mass. (AP) — WALTHAM, Mass. (AP) — Veralto Corp. (VLTO) on Tuesday reported first-quarter earnings of $254 million.

On a per-share basis, the Waltham, Massachusetts-based company said it had net income of $1.02. Earnings, adjusted for one-time gains and costs, came to $1.07 per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.

The water and product quality services provider posted revenue of $1.42 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $1.4 billion.

For the current quarter ending in June, Veralto expects its per-share earnings to range from 96 cents to $1.

The company expects full-year earnings in the range of $4.20 to $4.28 per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VLTO at https://www.zacks.com/ap/VLTO

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story