NYSE$VNT
Vontier Corporation · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Vontier reported solid third quarter results, exceeding expectations due to strong momentum in Convenience Retail and Fueling markets.
Vontier's third-quarter sales reached $750 million, a 2% decrease year-over-year, but core sales increased by 3%. GAAP diluted net EPS was $0.60, while adjusted diluted net EPS was $0.73. The company's operating cash flow stood at $122 million, with an adjusted free cash flow of $109 million, representing a 98% adjusted free cash flow conversion. Vontier narrows full year 2024 adjusted diluted net EPS to midpoint of ~$2.90.
- Sales of $750 million, down 2% vs. prior year; Core sales increased 3%.
- GAAP diluted net EPS of $0.60; Adjusted diluted net EPS of $0.73.
- Operating cash flow was $122 million; Adjusted free cash flow was $109 million, representing 98% Adjusted free cash flow conversion.
- Initiates Q4 2024 guidance for adjusted diluted net EPS of ~$0.79
Headline financials
Revenue & EPS history
Vontier · Revenue · Quarterly
$750M
Revenue by segment
Vontier · $160M total across 1 segment · Q3 2023
- Repair Solutions$160M—100.0%
Forward guidance
Vontier initiates Q4 2024 guidance for adjusted diluted net EPS of ~$0.79 and narrows full year 2024 adjusted diluted net EPS to midpoint of ~$2.90.
Tailwinds
- Total sales approximately $770 million for Q4 2024
- Core sales approximately +1.5% for Q4 2024
- Adjusted diluted net earnings per share approximately $0.79 for Q4 2024
- Total sales $2,955 to $2,985 million for full year 2024
- Core sales +0.7% to +1.7% for full year 2024
Headwinds
- Adjusted operating profit margin approximately flat year-over-year for full year 2024
- Adjusted diluted net earnings per share in the range of $2.86 to $2.92 for full year 2024
- Adjusted free cash flow conversion of ~90% for full year 2024
- Adjusted operating profit margin down approximately 20 basis points year-over-year for Q4 2024
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 Q3 2024
+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
| Quarter | Report date | Reaction (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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