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.

October 23, 2024
5 Articles