Watts Water Technologies Inc reports results for the quarter ended in December - Earnings Summary

Watts Water Technologies

09/02/2022 23:35

* Watts Water Technologies Inc  WTS.N  reported quarterly
adjusted
earnings of $1.42​​ per share for the quarter ended in December.
The mean expectation of seven analysts for the quarter was
for earnings of $1.33 per share.
    * Revenue rose 17.5% to $473.90 million from a year ago; 
analysts
expected $455.05 million. 
    * Watts Water Technologies Inc's reported EPS for the
quarter was
$1.18​.
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Watts Water Technologies Inc shares had fallen by 20.9%
this
quarter.
    * The company reported quarterly net income of $40.1
million.
    * Wall Street's median 12-month price target for Watts Water
Technologies Inc is $190.50 
    * 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." 

This summary was machine generated February 9 at 11:35 p.m.
 ​All figures in US dollars unless otherwise stated