Every material Form 8-K Veralto filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Veralto reported third-quarter 2024 sales of $1,314 million, up 4.7% from a year earlier, and GAAP diluted earnings per share of $0.88 versus $0.83 in the prior-year quarter. The company raised its full-year 2024 adjusted diluted EPS guidance to $3.44-$3.48 from $3.37-$3.45, which signals higher expected profit for shareholders.
Q3 2024 sales rose 4.7% to $1,314 million, with non-GAAP core sales growth of 4.6%.
GAAP net earnings were $219 million, or $0.88 per diluted share, up from $205 million, or $0.83, a year earlier.
Full-year 2024 adjusted diluted EPS guidance was raised to $3.44-$3.48 from $3.37-$3.45; free cash flow conversion guidance of 100%-110% was maintained.
Q4 2024 adjusted diluted EPS is expected in a range of $0.86-$0.90, with adjusted operating profit margin of approximately 24.0%.
Veralto reported second-quarter 2024 sales of $1,288 million, up 2.8% from a year earlier, and GAAP diluted earnings per share of $0.81, down from $0.85. The company raised its full-year 2024 adjusted diluted EPS guidance to $3.37 to $3.45 from $3.25 to $3.34, which points to higher expected profit for shareholders.
Q2 sales rose 2.8% to $1,288 million; non-GAAP core sales growth was 3.8%
GAAP net earnings were $203 million, or $0.81 per diluted share, versus $209 million, or $0.85, a year earlier
Non-GAAP adjusted diluted EPS was $0.85, versus $0.80 in the prior-year quarter
Full-year adjusted diluted EPS guidance raised to $3.37 to $3.45; Q3 guidance is $0.82 to $0.86
Veralto appointed Vijay Sankaran, Chief Technology Officer of Johnson Controls, as a Class I director effective July 12, 2024, expanding the board from 11 to 12 members. He will serve on the Audit Committee, and nine of the 12 directors will be independent.
Vijay P. Sankaran appointed to the board effective July 12, 2024, as a Class I member
Board size increases from 11 to 12 members; nine members, including Sankaran, are independent
Sankaran joins the Audit Committee and will receive non-employee director compensation
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.
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
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.
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.
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Veralto filing is on SEC EDGAR ↗. 8-K briefs of other companies →