Veralto (NYSE:VLTO) will report earnings after market hours on Monday. Last quarter, the company beat revenue expectations by 4.1%, with revenues of $1.33 billion, up 6.9% year on year. Analysts expect revenue to grow 4.4% this quarter to $1.34 billion, with adjusted earnings of $0.88 per share. The majority of analysts have reconfirmed their estimates, anticipating a steady performance. Peers like Waste Connections and Rollins have already reported Q2 results, showing positive revenue growth. Veralto is up 2.4% in the last month, with an average analyst price target of $110.28.

Investors are optimistic about the environmental and facilities services sector, with share prices up 6.7% on average in the last month. Veralto (NYSE:VLTO) is heading into earnings with an average analyst price target of $110.28, compared to the current share price of $103.50. Peers like Waste Connections and Rollins have already reported Q2 results, with positive revenue growth. Waste Connections had year-on-year revenue growth of 7.1%, beating expectations by 0.7%, while Rollins reported revenue up 12.1%, topping estimates by 1.1%.

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Read more at Barchart: Veralto (VLTO) Reports Q2 Results Tomorrow