Veralto Corporation · VLTO · FY2024 Q4 · Calendar Q1 2025

Veralto pairs portfolio actions with a measured 2025 outlook

The supplied analysis supports a constructive but conditional view: Veralto's water-treatment demand, recurring revenue, and portfolio actions provide growth support, while execution and macro exposures temper confidence.

Reported After market closeNYSEIndustrials $25.43B market cap
80quality score

Earnings scorecard

Reported versus consensus
Reported EPS — Consensus $0.90
EPS surprise — Reported versus consensus
Reported revenue — Consensus $1.35B
Revenue surprise — Reported versus consensus

Market reaction

event-close to next-session close
Stock move -5.1% Event window
SPY move +0.4% Same window
Abnormal move -5.5% Stock minus SPY
Volume 1.9× Versus trailing sessions
Subsequent drift +2.2% Up to 20 sessions
VLTOSPY benchmark

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Transcript intelligence

What changed

The current analysis adds the 2025 outlook, the 7920 UV Laser Marking System launch, the Axine minority partnership, and the AVT divestiture. Compared with the prior quarter, guidance moved from raised to maintained and capex outlook moved from decreasing to increasing.

Guidance delta

Management maintained its outlook: low-to-mid single-digit 2025 core sales growth, 25-50 basis points of margin improvement, and adjusted EPS of $3.60-$3.70.

Key takeaways

  • Management described 2024 performance as ahead of guidance and highlighted industrial water demand, recurring revenue, and packaging technology.
  • TraceGains integration, the AVT divestiture, and the Axine investment are the main portfolio changes discussed.
  • The outlook supports continued growth, but FX, tariffs, China, CPG softness, and mix-related margin pressure remain watchpoints.

Management priorities

  • Integrate TraceGains and broaden digital workflow offerings with CPG customers.
  • Invest in sales, marketing, and R&D across water treatment and PQI.
  • Advance Axine technology, new UV laser and marking products, and selective portfolio actions.

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Earnings History

Estimate Beat Miss Match
VLTO EPS earnings history estimate and actual scatter chart 9 reported fiscal quarters and 4 future estimate-only quarters. Q4 '23 estimate $0.81 Q4 '23 actual $0.87, beat Q1 '24 estimate $0.76 Q1 '24 actual $0.84, beat Q2 '24 estimate $0.80 Q2 '24 actual $0.85, beat Q3 '24 estimate $0.85 Q3 '24 actual $0.89, beat Q2 '25 estimate $0.88 Q2 '25 actual $0.93, beat Q3 '25 estimate $0.95 Q3 '25 actual $0.99, beat Q4 '25 estimate $0.98 Q4 '25 actual $1.04, beat Q1 '26 estimate $1.00 Q1 '26 actual $1.07, beat Q2 '26 estimate $1.01 Q2 '26 actual $1.11, beat Q3 '26 estimate $1.09 Q4 '26 estimate $1.13 Q1 '27 estimate $1.15 Q2 '27 estimate $1.15
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Analyst Consensus ?

ConsensusHold13 ratings
Bullish646.2%
Neutral753.8%
Bearish00.0%

Analyst 52W Price Targets

$104.33Current
$102Low
$108.81Average
$119High

Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 25, 2026. Not an FN2 forecast.

Firm-level rating actions

FMP grade actions identify the grading firm, not a named analyst.

FirmRatingPrior ratingActionDate
UBS Neutral NeutralMaintainOct 5, 2026
Stifel Buy BuyMaintainJul 30, 2026
RBC Capital Sector Perform Sector PerformMaintainJul 30, 2026
Citigroup Neutral NeutralMaintainJul 30, 2026
BNP Paribas Outperform OutperformMaintainJul 30, 2026
Show 8 more rating actions

Named analyst price targets

Upside is calculated against the persisted current price $104.33. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
Stifel NicolausAnalyst unavailable$113$101.04 +8.3%Oct 19, 2026
UBSAnalyst unavailable$106$94.68 +1.6%Oct 5, 2026
UBSAnalyst unavailable$104$94.18 -0.3%Jul 30, 2026
Robert W. BairdAnalyst unavailable$111$95.21 +6.4%Jul 30, 2026
RBC CapitalAnalyst unavailable$109$94.8 +4.5%Jul 30, 2026
See 29 more

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Company context

Snapshot as of publication

Veralto 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

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Sources

  1. Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
  2. FN2 earnings calendar · 2025-01-21T00:01:13.267231+00:00
  3. Polygon adjusted daily market bars · 2026-10-25T07:20:43.641422+00:00
  4. Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-25T07:20:43.638726+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 2026-10-25. For educational purposes only; not investment advice.