NYSE$VNT

Vontier Corporation · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Vontier's Q1 2021 results were reported with double-digit core revenue and earnings growth, margin expansion, and strong free cash flow.

Vontier Corporation reported a strong first quarter in 2021, with a 16.1% increase in revenue to $707.4 million and core revenue growth of 14.3%. Net earnings were $91.0 million, or $0.54 per share, while adjusted net earnings reached $107.7 million, or $0.63 per share. The company is raising its full-year 2021 adjusted EPS guidance based on this outperformance.

  • Revenue increased by 16.1% year-over-year, reaching $707.4 million.
  • Core revenue grew by 14.3% compared to the previous year.
  • Net earnings were reported at $91.0 million, or $0.54 per share.
  • Adjusted net earnings amounted to $107.7 million, or $0.63 per share.

Headline financials

Total Revenue

$707M

Previous: $609M+16.1%
EPS (adj)

$0.63

Previous: -$0.02+3250.0%
Core Sales Growth

14.3%

No prior period
Capital Expenditures

-$11M

Previous: $7.5M-246.7%
Free Cash Flow

$80M

Previous: $48.1M+66.3%
Net Income

$91M

Previous: -$3.7M+2559.5%
Operating Income

$133M

Previous: $21.8M+509.6%
Gross Profit

$312M

Previous: $263M+18.5%
Cash & Equivalents

$670M

No prior period
Total Assets

$3.28B

No prior period
Stock-Based Comp

$6.6M

Previous: $3.6M+83.3%

Revenue & EPS history

Vontier · Revenue · Quarterly

$707M

Q1 2021+16.1%vs Q1 2020
Beat estimate in 6 of 9 quarters(67%)
ActualEstimate

Revenue by segment

Vontier · $160M total across 1 segment · Q3 2023

  • Repair Solutions
    $160M

Forward guidance

Vontier anticipates for the second quarter of 2021, diluted net earnings per share to be in the range of $0.43 to $0.47 and adjusted diluted net earnings per share to be in the range of $0.50 to $0.54. For the full year 2021, Vontier anticipates diluted net earnings per share to be in the range of $2.25 to $2.35 and adjusted diluted net earnings per share to be in the range of $2.55 to $2.65.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+0.5%

Avg return

Earnings day

-0.3%

Avg return

5 days after

+0.9%

Avg return

30 days after

62%

16 / 26 earnings

Positive

+12.8%

Q4 2023

Best reaction

-15.8%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.3%-16.4%-19.7%
Q4 2025+3.4%-0.2%-11.5%
Q3 2025-11.1%-12.0%-15.1%
Q1 2025+0.0%+1.7%+12.7%
Q4 2024+1.8%+6.7%-12.1%
Q3 2024+8.5%+11.5%+15.2%
Q2 2024-15.8%-16.4%-10.7%
Q1 2024-2.9%+1.4%-1.6%
Q4 2023+12.8%+12.8%+18.6%
Q3 2023+9.0%+9.0%+15.8%
Q2 2023-2.2%-0.3%+4.8%
Q1 2023+4.1%+3.8%+13.1%
Q4 2022+9.8%+1.2%+7.6%
Q3 2022-5.8%-3.1%+3.8%
Q2 2022-6.2%-10.1%-18.0%
Q1 2022+0.3%-3.8%-0.7%
Q4 2021-13.1%-11.5%-13.1%
Q3 2021-2.5%-2.0%-11.0%
Q2 2020+4.1%+6.7%+14.1%
Q2 2021+4.1%+6.7%+14.1%
Q1 2020+4.1%+1.1%+3.8%
Q1 2021+9.7%+7.6%+8.4%
Q4 2019-3.1%-2.5%-3.7%
Q4 2018-3.1%-2.5%-3.7%
Q4 2020+1.8%-1.7%-7.3%
Q3 2020+1.7%+5.5%+20.6%
Q3 2019
Q2 2019
Q1 2019

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