Veralto Q4 sales up 3.3% to $1,288 million, but GAAP EPS falls to $0.81
Veralto reported fourth-quarter 2023 sales of $1,288 million, up 3.3% from a year earlier, while GAAP net earnings fell to $200 million, or $0.81 per diluted share, from $216 million, or $0.88. The company also gave 2024 targets, including adjusted diluted EPS of $3.20 to $3.30 for the full year, which shareholders can compare with the $3.19 adjusted figure reported for 2023.
Key points
- Q4 2023 sales rose 3.3% year over year to $1,288 million, with non-GAAP core sales growth of 1.7%.
- Q4 GAAP net earnings were $200 million, or $0.81 per diluted share, versus $216 million, or $0.88, a year earlier; adjusted diluted EPS was $0.87 versus $0.80.
- For 2024, Veralto targets adjusted diluted EPS of $3.20 to $3.30 and low-single-digit core sales growth; Q1 2024 adjusted EPS is expected at $0.73 to $0.78.
- Full-year 2023 net earnings were $839 million, or $3.40 per diluted share, and operating cash flow was $963 million.
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 06, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.