Watts Water Technologies Inc expected to post earnings of $1.29 a share - Earnings Preview

Watts Water Technologies

02/11/2021 02:07

* Watts Water Technologies Inc  WTS.N   WTS  is expected to show
a rise in quarterly revenue when it reports  results on November
3. 
* The North Andover, Massachusetts-based company is expected to
report  a 13.0% increase in revenue to $433.807 million from
$383.9 million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Watts Water
Technologies Inc is for earnings of $1.29 per share. For the
same quarter last year, the company reported earnings of $1.05
per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Watts Water
Technologies Inc is $156​, about 23.5% below​ its last closing
price of $192.68. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   1.28        1.28       1.48      Beat    15.5
 Mar. 312021   1.01        1.00       1.24      Beat    24.2
 Dec. 312020   1.01        1.01       1.15      Beat    13.5​
 Sep. 302020   0.88        0.87       1.05      Beat    20.1
 ​​Jun.        0.41        0.39       0.74      Beat    89.1
 302020                                                 
 Mar. 312020   0.84        0.87       0.95      Beat    9.6​
 Dec. 312019   0.98        0.99       1.00      Beat    1.5
 Sep. 302019   1.04        1.03       1.04      Beat    0.7
 This summary was machine generated November 2 at 02:06 GMT.  All
figures in US dollars unless otherwise stated