WALTHAM, Mass., Jan. 15, 2025 /PRNewswire/ -- Veralto Corporation (NYSE: VLTO), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, announced that it will webcast its fourth quarter 2024 earnings conference call on Wednesday, February 5, 2025, beginning at 8:30 a.m. ET.  A registration link to the webcast and a link to the accompanying slide presentation will be available on the "Investors" section of Veralto's website, www.veralto.co ...

Company Performance and Growth - Shares of Veralto Corporation (VLTO) have gained 30% over the past year, outperforming the industry's 23% rally [1] - The company has an impressive Growth Score of B, reflecting the quality and sustainability of its growth [1] - Expected long-term (three to five years) EPS growth rate is 7%, with earnings for 2024 and 2025 projected to grow at 9% and 6.5%, respectively [1] Water Quality Segment Leadership - VLTO is a leader in the Water Quality segment, benefiting from growth opportunities in the US industrial and municipal verticals [2] - The CHIPS Act of 2022 provides significant tailwinds for the industrial vertical through semiconductor manufacturing grants, research investments, and tax credits [2] - Increased US government funding for water infrastructure modernization is a strong growth catalyst for the municipal vertical [3] - WC revenues grew 3.6% year over year in Q3 2024 [3] Product Quality and Inspection (PQI) Segment Innovation - VLTO is a trusted leader in the PQI segment, serving major consumer-packaged goods (CPG), life sciences, and pharmaceutical companies [4] - The Marketing & Coding (M&C) sub-segment is the largest contributor to PQI revenues, driven by its critical role in regulatory compliance and digital solutions [4][5] - PQI revenues grew 6.3% year over year in Q3 2024, with the recent acquisition of TraceGains strengthening the segment [6] Shareholder Value and Dividend Policy - VLTO has demonstrated a commitment to shareholder returns since its NYSE listing in late 2024, consistently paying a quarterly dividend of 9 cents [7] - The company recently increased its dividend by 22% to 11 cents per share, reflecting confidence in its financial strength and growth prospects [7] Industry and Competitive Landscape - The semiconductor industry's long-term outlook remains favorable, driven by rising demand for digital tools, AI, and autonomous technologies [3] - VLTO's positioning in high-growth industries, such as water quality and PQI, highlights its potential for sustained success [5] - Climb Global Solutions (CLMB) and ABM Industries (ABM) are better-ranked stocks in the Zacks Business Services sector, with CLMB having a Zacks Rank of 1 (Strong Buy) and ABM carrying a Zacks Rank of 2 (Buy) [9][10]

WALTHAM, Mass., Dec. 19, 2024 /PRNewswire/ -- Veralto (NYSE: VLTO), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, announced today that its board of directors has approved a 22% increase to its quarterly cash dividend, and accordingly approved a quarterly cash dividend of $0.11 per share of its common stock, payable on January 31, 2025 to holders of record as of the close of business on December 31, 2024.About VeraltoWith annual ...

Creates Strategic Partnership with a Leading Provider of Contaminant Destruction TechnologyWALTHAM, Mass., Nov. 13, 2024 /PRNewswire/ -- Veralto Corporation (NYSE: VLTO) (the "Company"), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™, announced an investment of approximately $15 million to establish a minority interest in Axine Water Technologies, a leading provider of electrochemical oxidation technology for contaminant destructi ...

Investors looking for stocks in the Technology Services sector might want to consider either Amadeus IT Group SA Unsponsored ADR (AMADY) or Veralto (VLTO) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings ...

My previous investment thought on Veralto (NYSE: VLTO ) (published on 2 nd July) was a buy rating because of the multiple growth tailwinds that the business is set to enjoy in the coming I focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is the medium to long-term. Ultimately, I aim to identify com ...

A downtrend has been apparent in Veralto (VLTO) lately with too much selling pressure. The stock has declined 5.7% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround. Guide to Identifying Oversold Stocks We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spott ...

Veralto Corporation (NYSE:VLTO) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Ryan Taylor - Vice President of Investor Relations Jennifer Honeycutt - President & Chief Executive Officer Sameer Ralhan - Senior Vice President & Chief Financial Officer Conference Call Participants Andy Kaplowitz - Citigroup Mike Halloran - Baird Nathan Jones - Stifel Deane Dray - RBC Capital Markets Brian Lee - Goldman Sachs Andrew Buscaglia - BNP Paribas Andrew Krill - Deutsche Bank Joe Gio ...

Veralto (VLTO) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 3.49%. A quarter ago, it was expected that this water and product quality services provider would post earnings of $0.81 per share when it actually produced earnings of $0.85, delivering a surprise of 4.94%. Over the last ...

Exhibit 99.1 Veralto. VERALTO REPORTS THIRD QUARTER 2024 RESULTS WALTHAM, Mass., (October 23, 2024) – Veralto (NYSE: VLTO) (the "Company"), a global leader in essential water and product quality solutions dedicated to Safeguarding the World's Most Vital Resources™ announced results for the third quarter ended September 27, 2024. Key Third Quarter 2024 Results • Sales increased 4.7% year-over-year to $1,314 million, with non-GAAP core sales growth of 4.6% • Operating profit margin was 23.4% and non-GAAP adju ...