Water analytics and treatment company Veralto (NYSE:VLTO) will be reporting results tomorrow after market close. Here’s what to expect.

Veralto beat analysts’ revenue expectations by 0.8% last quarter, reporting revenues of $1.31 billion, up 4.7% year on year. It was a strong quarter for the company, with a decent beat of analysts’ adjusted operating income estimates.

Is Veralto a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Veralto’s revenue to grow 4.4% year on year to $1.35 billion, improving from the 3.2% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.89 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Veralto has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 2.2% on average.

Looking at Veralto’s peers in the environmental and facilities services segment, only Tetra Tech has reported results so far. It beat analysts’ revenue estimates by 8.6%, delivering year-on-year sales growth of 17.9%. The stock was down 2.9% on the results.

Read our full analysis of Tetra Tech’s earnings results here.

Investors in the environmental and facilities services segment have had steady hands going into earnings, with share prices flat over the last month. Veralto’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $114.72 (compared to the current share price of $103.39).

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