Watts Water Q3 sales rise 13%, beat estimates

Watts Water Technologies

05/11/2025 22:03

Overview

Watts Water Q3 sales rise 13% yr/yr, beating analyst expectations

Adjusted EPS for Q3 beats consensus, reflecting effective operational strategies

Company acquires Haws Corporation, expanding capabilities in safety and hydration solutions

Outlook

Company raises full-year 2025 sales growth outlook to 7%-8%

Watts Water expects organic sales growth of 4%-5% for 2025

Company forecasts 2025 adjusted operating margin at 19.1%-19.2%

Result Drivers

AMERICAS PERFORMANCE - Strong execution in the Americas region drove results, offsetting European market weakness

PRICING AND SUPPLY CHAIN - Targeted pricing actions and global supply chain strategy mitigated tariff-related cost increases

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$611.70 mln
$576.30 mln (9 Analysts)
Q3 Adjusted EPS
Beat
$2.50
$2.27 (8 Analysts)
Q3 EPS
$2.45
Q3 Net Income
$82.20 mln
Q3 Adjusted Operating Margin
18.50%
Q3 Operating Margin
18.20%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

Wall Street's median 12-month price target for Watts Water Technologies Inc is $287.00, about 4.3% above its November 4 closing price of $274.69

The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 27 three months ago

Press Release: ID:nBw57t1vba

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)