Veralto Reports Strong Q1 Results and Updates 2024 Financial Guidance

Veralto, a global leader in water and product quality solutions, announced positive first quarter results and updated its financial guidance for 2024. The Company reported year-over-year core sales growth led by strength in industrial markets and aggregate price increases. Operating margin expanded, and earnings growth reached high single digits. Veralto anticipates continued low-single-digit non-GAAP core sales growth and adjusted operating profit margin expansion of 50 to 75 basis points for the full year 2024. The Company raised its target for adjusted diluted earnings per share to a range of $1.13 to $1.17.

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