Veralto raises 2024 adjusted EPS outlook to $3.25-$3.34 as Q1 sales rise 1.8%
Veralto reported first-quarter 2024 sales of $1,246 million, up 1.8% from a year earlier, and adjusted diluted EPS of $0.84 versus $0.78 a year earlier. The company raised its full-year 2024 adjusted diluted EPS target to $3.25 to $3.34 from $3.20 to $3.30, which benefits shareholders, although GAAP diluted EPS fell to $0.74 from $0.91.
Key points
- Q1 2024 sales $1,246 million, up 1.8% year over year; non-GAAP core sales growth 1.8%
- GAAP net earnings $184 million, or $0.74 per diluted share, versus $225 million, or $0.91, a year earlier
- Adjusted diluted EPS $0.84 versus $0.78; includes a $15 million loss on disposition of certain product lines
- Full-year 2024 adjusted diluted EPS target raised to $3.25 to $3.34; Q2 2024 adjusted diluted EPS expected at $0.75 to $0.80
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:10 AM ET, from the text of the filing and its press-release exhibits 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 April 23, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.