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Veralto revised its FY24 earnings guidance and announced a quarterly dividend of $0.09.
Veralto, a water analytics firm, revised its fiscal year 2024 earnings guidance to $3.440-$3.480 per share, slightly adjusting from the previous estimate of $3.450.
The company reported a Q4 EPS of $0.86-$0.90, a net margin of 15.60%, and a return on equity of 58.82%.
Following the update, its stock dropped $0.86, with a market cap of $27.38 billion.
Veralto also announced a quarterly dividend of $0.09, payable to shareholders on September 27th.
6 months ago
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