Watts Water Technologies Inc expected to post earnings of $1.33 a share - Earnings Preview

Watts Water Technologies

08/02/2022 03:00

* Watts Water Technologies Inc  WTS.N   WTS  is expected
to show a
rise in quarterly revenue when it reports  results on February
9. 
    * The North Andover Massachusetts-based  company is expected
to
report  a 12.8% increase in revenue to $455.052 million from
$403.4 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 $1.33 per share. For the same quarter
last year, the company reported earnings of $1.15 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 9
"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 $190.5​, about 21.1% above​ its last closing
price of $150.21. ​​​
    * 

This summary was machine generated February 8 at 03:00 GMT.  All
figures in US dollars  unless otherwise stated