NYSE$VNT

Vontier Corporation · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Vontier reported strong earnings growth driven by successful execution and capital allocation, with DRB delivering robust growth. Share repurchase program was accelerated.

Vontier Corporation announced its first quarter 2022 results, with a 5.7% increase in revenue year-over-year to $748.1 million. Net earnings were $250.2 million, or $1.50 per share, while adjusted net earnings were $115.9 million, or $0.70 per share. The company deployed $441.9 million of capital, including $257.0 million towards share repurchase. Vontier is raising its full-year 2022 adjusted diluted net earnings per share guidance.

  • Revenue increased by 5.7% year-over-year to $748.1 million.
  • Net earnings reached $250.2 million, with diluted net earnings per share at $1.50.
  • Adjusted net earnings were $115.9 million, resulting in adjusted diluted net earnings per share of $0.70.
  • The company deployed $441.9 million in capital, including $257.0 million for share repurchases.

Headline financials

Total Revenue

$748M

Previous: $707M+5.8%
EPS (adj)

$0.70

Previous: $0.63+11.1%
Capital Expenditures

-$12.9M

Previous: -$11M-17.3%
Free Cash Flow

$237M

Previous: $80M+196.6%
Net Income

$250M

Previous: $91M+174.9%
Operating Income

$135M

Previous: $133M+1.4%
Gross Profit

$335M

Previous: $312M+7.5%
Cash & Equivalents

$145M

Previous: $670M-78.4%
Total Assets

$4.3B

Previous: $3.28B+30.9%
Stock-Based Comp

$6.1M

Previous: $6.6M-7.6%

Revenue & EPS history

Vontier · Revenue · Quarterly

$748M

Q1 2022+5.8%vs Q1 2021
Beat estimate in 7 of 10 quarters(70%)
ActualEstimate

Revenue by segment

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

  • Repair Solutions
    $160M

Forward guidance

Vontier anticipates for the second quarter of 2022, diluted net earnings per share to be in the range of $0.57 to $0.61 and adjusted diluted net earnings per share to be in the range of $0.68 to $0.72. For the full year 2022, Vontier anticipates diluted net earnings per share to be in the range of $3.72 to $3.82 and adjusted diluted net earnings per share to be in the range of $3.20 to $3.30.

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 2022

Historical avgQ1 2022

+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

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro