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Veralto: Q1 Earnings Snapshot

WALTHAM, Mass. (AP) — WALTHAM, Mass. (AP) — Veralto Corp. (VLTO) on Tuesday reported first-quarter earnings of $254 million.

On a per-share basis, the Waltham, Massachusetts-based company said it had net income of $1.02. Earnings, adjusted for one-time gains and costs, came to $1.07 per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.

The water and product quality services provider posted revenue of $1.42 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $1.4 billion.

For the current quarter ending in June, Veralto expects its per-share earnings to range from 96 cents to $1.

The company expects full-year earnings in the range of $4.20 to $4.28 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VLTO at https://www.zacks.com/ap/VLTO

ING: Q2 Earnings Snapshot

AMSTERDAM (AP) — AMSTERDAM (AP) — ING Groep NV (ING) on Thursday reported net income of $2.26 billion in its second quarter. The Amsterdam-based bank said it had earnings of 79 cents per share. The financial services provider posted revenue of $7.31 billion in the period. Its revenue net of interest expense was $7.31 billion, surpassing Street forecasts. _____
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