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

Watts Water Technologies

09/02/2023 16:31

* Watts Water Technologies Inc  WTS.N  reported quarterly
adjusted
earnings of $1.60​​ per share for the quarter ended in December.
The mean expectation of nine analysts for the quarter was
for earnings of $1.53 per share.
    * Revenue rose 5.9% to $501.90 million from a year ago;
analysts
expected $486.46 million. 
    * Watts Water Technologies Inc's reported EPS for the
quarter was
$2.05​.
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Watts Water Technologies Inc shares had risen by 15.4%
this
quarter.
    * The company reported quarterly net income of $68.6
million.
    * Wall Street's median 12-month price target for Watts Water
Technologies Inc is $146.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 10
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
9 at 04:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.53           1.60           Beat
 Sep. 30 2022      1.55           1.79           Beat
 Jun. 30 2022      1.63           2.11           Beat
 Mar. 31 2022      1.37           1.63           Beat