Vontier reports Q3 adjusted EPS 78c, consensus 77c

Reports Q3 revenue $753M, consensus $747.9M. “Our Q3 performance reflects progress on our Connected Mobility strategy and disciplined execution,” said CEO Mark Morelli. “Based on strong year-to-date performance we are raising the midpoint of our full-year guidance. Core growth is trending above our prior expectation, and we are on track to deliver 10% adjusted EPS growth this year. We have a strong competitive advantage with unique capabilities to deliver differentiated, integrated solutions, and we are confident in our ability to execute and create long-term value for our shareholders.”