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Oct 01, 2021
Vontier Q3 2021 Earnings Report
Vontier's Q3 2021 results exceeded guidance on all metrics, driven by exceptional execution and strong customer demand amidst supply headwinds.
Key Takeaways
Vontier Corporation reported a 2.9% year-over-year increase in revenue for Q3 2021, reaching $768.5 million, with net earnings of $127.3 million, or $0.75 per share. Adjusted net earnings were $136.6 million, or $0.80 per share. The company successfully closed the acquisition of DRB, marking a significant step in diversifying its portfolio.
Revenue increased by 2.9% year-over-year to $768.5 million.
Diluted net earnings per share were $0.75, while adjusted diluted net earnings per share reached $0.80.
The company closed the acquisition of DRB, expanding its portfolio.
Vontier anticipates Q4 2021 diluted net earnings per share to be in the range of $0.65 to $0.69 and adjusted diluted net earnings per share to be in the range of $0.77 to $0.81.
Forward Guidance
For the fourth quarter of 2021, Vontier anticipates diluted net earnings per share to be in the range of $0.65 to $0.69 and adjusted diluted net earnings per share to be in the range of $0.77 to $0.81.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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