Watts Water Technologies Inc expected to post earnings of $1.55 a share - Earnings Preview

Watts Water Technologies

01/11/2022 02:10

* Watts Water Technologies Inc  WTS.N   WTS  is expected
to show a
rise in quarterly revenue when it reports  results on November
2. 
    * The North Andover Massachusetts-based  company is expected
to
report  a 5.1% increase in revenue to $478.3 million from $455
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Watts Water
Technologies
Inc is for earnings of $1.55 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "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 $132​, below​ its last closing price
of $146.36. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  1.63        1.63       2.11      Beat    29.3
 Mar. 31 2022  1.38        1.37       1.63      Beat    18.9
 Dec. 31 2021  1.33        1.33       1.42      Beat    6.5​
 Sep. 30 2021  1.29        1.29       1.39      Beat    8
 ​​Jun.        1.28        1.28       1.48      Beat    15.5
 30 2021                                                
 Mar. 31 2021  1.01        1.00       1.24      Beat    24.2​
 Dec. 31 2020  1.01        1.01       1.15      Beat    13.5
 Sep. 30 2020  0.88        0.87       1.05      Beat    20.1
 This summary was machine generated November 1 at 02:09 GMT.  All
figures in US dollars  unless otherwise stated