Veralto reported Q3 earnings of $0.89 per share, exceeding expectations, and declared a $0.09 quarterly dividend.
Veralto reported Q3 earnings of $0.89 per share, exceeding expectations of $0.85, with revenue at $1.31 billion. The company declared a $0.09 quarterly dividend, payable October 31. Despite positive earnings, shares fell $1.74 to $104.05. Analysts maintain a mixed outlook with target price adjustments, with Goldman Sachs raising its price target to $116. Veralto's market cap stands at $25.68 billion, with a P/E ratio of 32.67.
October 25, 2024
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