EarningsVLTO posted a big beat with EPS up 13% to $0.95, surpassing expectations from the Street, internal estimates, and management's guide.
Operational PerformanceThe Water segment enjoyed significant volume growth with North America volumes up 8.3% on strength in water treatment from both industrials and municipal markets.
Strategic GrowthVLTO is expected to outperform the market, given multiple secular tailwinds in its Water Quality and Product Quality & Innovation segments, and plans to utilize its strong free cash flow for acquisitions.