Ralliant Corp reports results for the quarter ended September 30 - Earnings Summary

• Ralliant Corp RAL.N reported quarterly adjusted earnings of 60 cents​​ per share for the quarter ended September 30. The mean expectation of eleven analysts for the quarter was for earnings of 57 cents per share. Wall Street expected results to range from 56 cents to 58 cents per share.

• Revenue was $529.10 million​; analysts expected $521.05 million.

• Ralliant Corp's reported EPS for the quarter was 35 cents​.

• The company reported quarterly net income of $39.9 million.

• Ralliant Corp shares had fallen by 1.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 11.1% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the electronic equipment & parts peer group is "buy."

• Wall Street's median 12-month price target for Ralliant Corp is $53.00, about 16.2% above its last closing price of $44.40

This summary was machine generated from LSEG data November 5 at 10:54 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)