Watts Water Technologies Inc expected to post earnings of $1.37 a share - Earnings Preview

Watts Water Technologies

30/04/2022 03:09

* Watts Water Technologies Inc  WTS.N   WTS  is expected
to show a
rise in quarterly revenue when it reports  results on May 3. 
    * The North Andover Massachusetts-based  company is expected
to
report  a 7.1% increase in revenue to $442.788 million from
$413.3 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 $1.37 per share. For the same quarter
last year, the company reported earnings of $1.24 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 $147.5​, above​ its last closing price
of $127.46. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  1.33        1.33       1.42      Beat    6.5
 Sep. 30 2021  1.29        1.29       1.39      Beat    8
 Jun. 30 2021  1.28        1.28       1.48      Beat    15.5​
 Mar. 31 2021  1.01        1.00       1.24      Beat    24.2
 ​​Dec.        1.01        1.01       1.15      Beat    13.5
 31 2020                                                
 Sep. 30 2020  0.88        0.87       1.05      Beat    20.1​
 Jun. 30 2020  0.41        0.39       0.74      Beat    89.1
 Mar. 31 2020  0.84        0.87       0.95      Beat    9.6
 This summary was machine generated April 30 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated