Vontier Q3 2021 Earnings Report
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.
Vontier
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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.