Veralto Shares Rise on Cost-Optimization Program, Lifted Outlook

Dow Jones04-29

By Elias Schisgall

Shares of Veralto rose after the company said it was implementing a cost-optimization program and boosted its outlook for the year.

Shares were up 8.1% to $92.50 in after-hours trading, after closing down 1.8%, at $85.60, during the regular trading session. At the close, shares were down 13% year to date.

The program is expected to incur a charge of between $85 million and $105 million, and generate annual savings of between $65 million and $75 million by 2028.

The technology solutions company on Tuesday reported a profit of $254 million, or $1.02 a share, compared with a profit of $225 million, or 90 cents a share, a year earlier.

Stripping out certain one-time items, the company posted adjusted earnings of $1.07 a share. Analysts surveyed by FactSet were expecting $1.00 a share.

Sales rose to $1.42 billion, up from $1.33 billion a year earlier. Analysts were expecting sales of $1.4 billion.

The company said that it expects core sales growth to accelerate over the course of this year. It lifted its outlook for full-year adjusted earnings to a range of $4.20 to $4.28 a share, up from a previous range of $4.10 to $4.20 a share.

Full-year core sales growth is expected to be between 3% and 4.5%.

Analysts are expecting full-year earnings of $4.20 a share.

For the current second quarter, the company is expecting adjusted earnings between 96 cents and $1.00 a share, with core sales growth between 3% and 4%. Analysts are expecting $1.02 a share.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

April 28, 2026 18:44 ET (22:44 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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At the close, shares were down 13% year to date. \n</p>\n<p>\n  The program is expected to incur a charge of between $85 million and $105 million, and generate annual savings of between $65 million and $75 million by 2028. \n</p>\n<p>\n  The technology solutions company on Tuesday reported a profit of $254 million, or $1.02 a share, compared with a profit of $225 million, or 90 cents a share, a year earlier. \n</p>\n<p>\n  Stripping out certain one-time items, the company posted adjusted earnings of $1.07 a share. Analysts surveyed by FactSet were expecting $1.00 a share. \n</p>\n<p>\n  Sales rose to $1.42 billion, up from $1.33 billion a year earlier. Analysts were expecting sales of $1.4 billion. \n</p>\n<p>\n  The company said that it expects core sales growth to accelerate over the course of this year. 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At the close, shares were down 13% year to date.The program is expected to incur a charge of between $85 million and $105 million, and generate annual savings of between $65 million and $75 million by 2028.The technology solutions company on Tuesday reported a profit of $254 million, or $1.02 a share, compared with a profit of $225 million, or 90 cents a share, a year earlier.Stripping out certain one-time items, the company posted adjusted earnings of $1.07 a share. Analysts surveyed by FactSet were expecting $1.00 a share.Sales rose to $1.42 billion, up from $1.33 billion a year earlier. Analysts were expecting sales of $1.4 billion.The company said that it expects core sales growth to accelerate over the course of this year. It li","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU2089279066.USD":"ALLIANZ GLOBAL WATER \"AT\" (USD) ACC","LU2240825500.USD":"AZ EQUITY - WATER & RENEWABLE RESOURCES \"A-AZ\" (USD) ACC","LU0069063385.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (USD) ACC","LU0057025933.USD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (USD) ACC","VLTO":"Veralto Corporation","LU0689626769.HKD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (HKD) ACC","BK4120":"环境与设施服务","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","BK4585":"ETF&股票定投概念","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU2125910179.SGD":"Natixis Thematics Water H-R/A SGD","LU0472753341.HKD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (HKD) ACC","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU2125910336.SGD":"Natixis Thematics Water R/A SGD","LU1892829315.USD":"FIDELITY FUNDS SUSTAINABLE WATER & WASTE \"A\" (USD) ACC","LU0124676726.USD":"AB SICAV I - SUSTAINABLE US THEMATIC PORTFOLIO \"A\" (USD) ACC","BK4588":"碎股","LU2229751404.USD":"ALLIANZ GLOBAL WATER \"AT3\" (USD) ACC","LU1923621640.USD":"Natixis Thematics Water R/A USD","LU2308191902.HKD":"BNP PARIBAS ECOSYSTEM RESTORATION \"CLASSIC\" (HKD) ACC"},"translate_title":"Veralto股价因成本优化计划和前景提升而上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VLTO":0.9},"content_text":"By Elias Schisgall \n\n\n \n\n\n  Shares of Veralto rose after the company said it was implementing a cost-optimization program and boosted its outlook for the year. \n\n\n  Shares were up 8.1% to $92.50 in after-hours trading, after closing down 1.8%, at $85.60, during the regular trading session. At the close, shares were down 13% year to date. \n\n\n  The program is expected to incur a charge of between $85 million and $105 million, and generate annual savings of between $65 million and $75 million by 2028. \n\n\n  The technology solutions company on Tuesday reported a profit of $254 million, or $1.02 a share, compared with a profit of $225 million, or 90 cents a share, a year earlier. \n\n\n  Stripping out certain one-time items, the company posted adjusted earnings of $1.07 a share. Analysts surveyed by FactSet were expecting $1.00 a share. \n\n\n  Sales rose to $1.42 billion, up from $1.33 billion a year earlier. Analysts were expecting sales of $1.4 billion. \n\n\n  The company said that it expects core sales growth to accelerate over the course of this year. It lifted its outlook for full-year adjusted earnings to a range of $4.20 to $4.28 a share, up from a previous range of $4.10 to $4.20 a share. \n\n\n  Full-year core sales growth is expected to be between 3% and 4.5%. \n\n\n  Analysts are expecting full-year earnings of $4.20 a share. \n\n\n  For the current second quarter, the company is expecting adjusted earnings between 96 cents and $1.00 a share, with core sales growth between 3% and 4%. Analysts are expecting $1.02 a share. \n\n\n \n\n\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 28, 2026 18:44 ET (22:44 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2631532207","isCrawlerRequest":true}