Analyst Consensus ?
ConsensusHold13 ratings
Bullish646.2%
Neutral753.8%
Bearish00.0%
Veralto Corporation · VLTO · FY2024 Q3 · Calendar Q4 2024
Veralto pairs resilient water demand with TraceGains-led digital expansion
The supplied analysis supports a constructive but conditional view: resilient water demand, recurring revenue, operating execution and the TraceGains acquisition strengthen Veralto’s growth profile, while China weakness, integration costs and fourth-quarter margin pressure test durability.
Reported After market closeNYSEIndustrials
$25.20B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$0.89
Consensus $0.85
EPS surprise
+4.7%
Reported versus consensus
Reported revenue
$1.31B
Consensus $1.30B
Revenue surprise
+0.7%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
-4.6%
Event window
SPY move
+0.2%
Same window
Abnormal move
-4.8%
Stock minus SPY
Volume
2.2×
Versus trailing sessions
Subsequent drift
+0.2%
Up to 20 sessions
VLTOSPY benchmark
Ask FN2 about VLTO FY2024 Q3
Transcript, numbers and history already loaded
Why did VLTO fall 4.6% after beating EPS estimates in FY2024 Q3?What changed in VLTO's guidance and outlook in FY2024 Q3?Give me the bull and bear case for VLTO after FY2024 Q3 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior-quarter analysis, Veralto added TraceGains, expanded its digital workflow emphasis, raised full-year adjusted EPS guidance again, and highlighted stronger North American water treatment and Latin American growth. The near-term framing is more cautious around fourth-quarter margins, China, and acquisition integration.
Guidance delta
Management raised full-year adjusted EPS guidance, while the fourth-quarter outlook called for low- to mid-single-digit sales growth and a flat-to-slightly lower year-over-year margin.
Key takeaways
- Core growth and margin expansion remained solid in the reported quarter.
- TraceGains adds a high-margin SaaS offering and broadens digital workflow exposure.
- North American water treatment and Latin American growth were notable contributors.
- China softness and a more measured fourth-quarter margin outlook remain watchpoints.
Management priorities
- Integrate TraceGains with Esko and expand digital workflow offerings.
- Continue investing in sales, marketing, and research and development.
- Apply the Veralto Enterprise System to operational execution.
- Pursue disciplined bolt-on acquisitions aligned with return targets.
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Estimate
Beat
Miss
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Analyst 52W Price Targets
$103.35Previous close
$102Low
$108.81Average
$119High
Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Oct 27, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| UBS | Neutral | Neutral | Maintain | Oct 5, 2026 |
| Stifel | Buy | Buy | Maintain | Jul 30, 2026 |
| RBC Capital | Sector Perform | Sector Perform | Maintain | Jul 30, 2026 |
| Citigroup | Neutral | Neutral | Maintain | Jul 30, 2026 |
| BNP Paribas | Outperform | Outperform | Maintain | Jul 30, 2026 |
| Barclays | Overweight | Overweight | Maintain | Jul 30, 2026 |
| Jefferies | Hold | Buy | Downgrade | Dec 10, 2025 |
| BMO Capital | Outperform | Outperform | Maintain | Nov 25, 2025 |
| Baird | Neutral | Neutral | Maintain | Jul 30, 2025 |
| TD Cowen | Hold | Hold | Maintain | Jul 30, 2024 |
| Goldman Sachs | Buy | Buy | Maintain | Jul 29, 2024 |
| Deutsche Bank | Hold | Hold | Maintain | Jul 29, 2024 |
| Vertical Research | Buy | Hold | Upgrade | Oct 16, 2023 |
Named analyst price targets
Upside is calculated against the persisted previous close $103.35. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Stifel Nicolaus | Analyst unavailable | $113 | $101.04 | +9.3% | Oct 19, 2026 |
| UBS | Analyst unavailable | $106 | $94.68 | +2.6% | Oct 5, 2026 |
| UBS | Analyst unavailable | $104 | $94.18 | +0.6% | Jul 30, 2026 |
| Robert W. Baird | Analyst unavailable | $111 | $95.21 | +7.4% | Jul 30, 2026 |
| RBC Capital | Analyst unavailable | $109 | $94.8 | +5.5% | Jul 30, 2026 |
| Stifel Nicolaus | Analyst unavailable | $114 | $98.83 | +10.3% | Jul 30, 2026 |
| Stifel Nicolaus | Analyst unavailable | $111 | $93.81 | +7.4% | Jul 20, 2026 |
| Wolfe Research | Analyst unavailable | $109 | $92.12 | +5.5% | Jul 9, 2026 |
| Robert W. Baird | Michael Halloran | $103 | $89.47 | -0.3% | Apr 30, 2026 |
| Barclays | Analyst unavailable | $113 | $89.47 | +9.3% | Apr 30, 2026 |
| Stifel Nicolaus | Nathan Jones | $110 | $90.85 | +6.4% | Apr 14, 2026 |
| BMO Capital | Analyst unavailable | $108 | $92.81 | +4.5% | Feb 11, 2026 |
| UBS | Joshua Spector | $102 | $91.7 | -1.3% | Feb 6, 2026 |
| Stifel Nicolaus | Nathan Jones | $118 | $90.35 | +14.2% | Feb 5, 2026 |
| RBC Capital | Deane Dray | $102 | $89 | -1.3% | Feb 5, 2026 |
| Robert W. Baird | Michael Halloran | $108 | $91.41 | +4.5% | Feb 5, 2026 |
| Barclays | William Grippin | $117 | $91.41 | +13.2% | Feb 5, 2026 |
| Jefferies | Analyst unavailable | $105 | $98.34 | +1.6% | Dec 10, 2025 |
| BMO Capital | Analyst unavailable | $114 | $103.64 | +10.3% | Nov 25, 2025 |
| RBC Capital | Analyst unavailable | $111 | $100.26 | +7.4% | Oct 30, 2025 |
| Barclays | Analyst unavailable | $121 | $99.5 | +17.1% | Oct 30, 2025 |
| Barclays | William Grippin | $119 | $107.14 | +15.1% | Oct 6, 2025 |
| Barclays | Analyst unavailable | $120 | $107.06 | +16.1% | Sep 18, 2025 |
| Stifel Nicolaus | Analyst unavailable | $120 | $105.78 | +16.1% | Jul 30, 2025 |
| BMO Capital | John McNulty | $119 | $110.46 | +15.1% | Sep 30, 2024 |
| BMO Capital | John McNulty | $117 | $106.28 | +13.2% | Jul 29, 2024 |
| Stifel Nicolaus | Nathan Jones | $117 | $104.87 | +13.2% | Jul 29, 2024 |
| Robert W. Baird | Michael Halloran | $112 | $106.23 | +8.4% | Jul 29, 2024 |
| RBC Capital | Deane Dray | $108 | $106.25 | +4.5% | Jul 29, 2024 |
| Argus Research | John Eade | $110 | $97.27 | +6.4% | May 7, 2024 |
| BMO Capital | John McNulty | $101 | $92.4 | -2.3% | Apr 25, 2024 |
| RBC Capital | Deane Dray | $101 | $92.4 | -2.3% | Apr 25, 2024 |
| Goldman Sachs | Brian Lee | $104 | $89.46 | +0.6% | Mar 22, 2024 |
| RBC Capital | Deane Dray | $78 | $70.74 | -24.5% | Nov 3, 2023 |
Track every rating change on VLTO the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationVeralto Corporation is a global provider specializing in critical solutions across water quality management, brand protection, and packaging aesthetics. Its operations are structured into two primary divisions: Water Quality (WQ) and Product Quality & Innovation (PQI). The WQ segment delivers advanced instrumentation and treatment technologies designed for the precise measurement, analysis, and purification of water. These solutions cater to a broad spectrum of applications, from residential and commercial settings to municipal systems, industrial processes, research facilities, and natural environments. Esteemed brands like Hach, Trojan Technologies, and ChemTreat fall under this segment, which also supplies essential chemical reagents, support services, and digital tools for comprehensive water management. The PQI segment focuses on enhancing product integrity and brand appeal.…
Historical context
All VLTO earningsIndustrials peers this season
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| LMT Lockheed Martin Corporation | FY2026 Q3 · Calendar Q4 2026 | +6.0% | +7.0% | Lockheed Martin: backlog and guidance rise, with execution risks |
Latest beats and misses
Who reports nextBeat on EPS
- VZFY2026 Q3 · October 26, 2026+3.1% EPS-3.5% move
- CXFY2026 Q3 · October 26, 2026+12.0% EPS-0.1% move
- CDNSFY2026 Q3 · October 26, 2026+2.9% EPS+1.8% move
- BAHFY2027 Q2 · October 23, 2026+18.9% EPS-0.3% move
- FCNCAFY2026 Q3 · October 23, 2026+19.9% EPS+8.2% move
- FCNCNFY2026 Q3 · October 23, 2026+19.9% EPS+0.2% move
Missed on EPS
- KOFFY2026 Q3 · October 26, 2026-9.0% EPS-1.9% move
- INFYFY2027 Q2 · October 23, 2026-4.8% EPS-6.6% move
- BBDFY2026 Q3 · October 22, 2026-7.7% EPS+3.0% move
- SNAFY2026 Q3 · October 22, 2026-5.9% EPS-3.4% move
- SPOTFY2026 Q3 · October 22, 2026-11.6% EPS+11.1% move
- VRSNFY2026 Q3 · October 22, 2026-2.0% EPS-0.9% move
Get the VLTO recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2024-11-10T18:38:36.707185+00:00
- Polygon adjusted daily market bars · 2026-10-27T04:20:46.674970+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-27T04:20:46.672324+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-27. For educational purposes only; not investment advice.