Vontier sees double-digit adjusted EPS growth through 2026

Sees organic revenue growth of 4%-6% through 2026. FY23 consensus is for an EPS of $2.80 and $3.05B in revenue. The company affirmed its FY23 outlook of adjusted EPS of $2.73-$2.83 and revenue down in low-to-mid-single digits, with core revenue down in mid-single digits. "Vontier has unparalleled portfolio breadth and depth across the mobility ecosystem. We believe we are the only company capable of providing a full suite of hardware and software solutions to connect, manage, and scale assets across this $30B addressable market," said Mark Morelli, CEO. "Vontier’s growth outlook and expanding cash flows are propelled by both leading market positions in connected automation and multi-energy fueling and robust secular tailwinds sweeping the mobility ecosystem. Our entire team is energized by our Connected Mobility Strategy and our ability to enable the way the world moves for years to come."