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Ralliant Corporation Q1 Adjusted EPS Falls, Revenue Increases

MT Newswires Live
May 12

Ralliant Corporation (RAL) reported Q1 adjusted earnings of $0.57 per diluted share, down from $0.73 a year earlier.

Analysts polled by FactSet expected $0.49.

Revenue for the quarter ended April 3 was $534.6 million, up from $481.8 million a year earlier.

Analysts polled by FactSet expected $515.4 million.

The company said it expects Q2 adjusted earnings of $0.58 to $0.64 per diluted share.

Analysts polled by FactSet expected $0.53.

The company expects Q2 revenue of $540 million to $556 million.

Analysts polled by FactSet expected $529.4 million.

For the full year, the company raised its guidance and now expects adjusted earnings of $2.53 to $2.69 per diluted share and revenue of $2.19 billion to $2.25 billion.

Analysts polled by FactSet expected EPS of $2.35 and revenue of $2.17 billion.

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