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Valued at a market cap of almost $24.8 billion, Veralto Corporation (VLTO) provides water analytics, water treatment, marking and coding, and packaging and color services. The Waltham, Massachusetts-based company operates through two segments, which are Water Quality (WQ) and Product Quality & Innovation (PQI). It is expected to announce its fiscal Q4 earnings results on Tuesday, Feb. 4.
Ahead of this event, analysts project the essential technology solutions provider to report a profit of $0.88 per share, up nearly 1.2% from $0.87 per share in the year-ago quarter. The company has a solid track record of consistently beating Wall Street's bottom-line estimates in the last four quarters. Its adjusted earnings of $0.89 per share in the previous quarter outpaced the consensus estimates by 3.5%.