Veralto (VLTO) Tops Q1 Earnings and Revenue Estimates

Group 1 - Veralto reported quarterly earnings of $0.95 per share, exceeding the Zacks Consensus Estimate of $0.87 per share, and showing an increase from $0.84 per share a year ago, representing an earnings surprise of 9.20% [1] - The company achieved revenues of $1.33 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.79%, and an increase from $1.25 billion year-over-year [2] - Over the last four quarters, Veralto has consistently surpassed consensus EPS and revenue estimates [2] Group 2 - Despite the positive earnings report, Veralto shares have declined approximately 9.6% since the beginning of the year, while the S&P 500 has decreased by 6% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to those expectations [4] - The current consensus EPS estimate for the next quarter is $0.92 on revenues of $1.33 billion, and for the current fiscal year, it is $3.66 on revenues of $5.33 billion [7] Group 3 - The Waste Removal Services industry, to which Veralto belongs, is currently ranked in the bottom 23% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor sentiment [5] - The estimate revisions trend for Veralto is currently unfavorable, resulting in a Zacks Rank 4 (Sell), suggesting expected underperformance in the near future [6]