Vontier reports Q2 adjusted EPS 79c, consensus 72c

Reports Q2 revenue $773.5M, consensus $734.49M. “Vontier (VNT) delivered strong second quarter results marked by disciplined execution through a dynamic macro environment and solid traction on new product introductions,” said CEO Mark Morelli. “We are advancing our strategic priorities to drive operational efficiency and accelerate topline growth leveraging the Vontier Business System and 80/20 principles to manage inflation and bring innovative solutions to market. Given our strong first half performance, we are raising our full-year guidance. Our focus on innovation, disciplined approach to cost management, and strong balance sheet provide the flexibility and confidence to navigate the second half of the year. We are creating long-term value for our customers and our shareholders.”