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Waltham, Massachusetts-based Veralto Corporation (VLTO) provides water analytics, water treatment, marking and coding, and packaging and color services worldwide. With a market cap of $22 billion, Veralto operates through Water Quality (WQ) and Product Quality & Innovation (PQI) segments.
Veralto is expected to release its first-quarter results on Tuesday, Apr. 22. Ahead of the event, analysts expect VLTO to deliver a non-GAAP profit of $0.87 per share, up a modest 3.6% from $0.84 per share reported in the year-ago quarter. On a more positive note, the company has a solid earnings surprise history and has surpassed the Street’s earnings estimates in each of the past four quarters.