Watts Water Technologies, Inc. reports results for the quarter ended June 30 - Earnings Summary
Watts Water Technologies, Inc. reports results for the quarter ended June 30 - Earnings Summary
Watts Water Technologies, Inc. WTS.N reported quarterly adjusted earnings of $3.66 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $3.09. The mean expectation of twelve analysts for the quarter was for earnings of $3.33 per share. Wall Street expected results to range from $3.23 to $3.41 per share.
Revenue rose 18.6% to $763.20 million from a year ago; analysts expected $725.75 million.
Watts Water Technologies, Inc.'s reported EPS for the quarter was $3.53.
The company reported quarterly net income of $118.3 million.
Watts Water Technologies, Inc. shares had fallen by 8.5% this quarter and gained 29.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.6% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 10 "hold" and no "sell" or "strong sell." The average consensus recommendation for the industrial machinery & equipment peer group is "buy."
Wall Street's median 12-month price target for Watts Water Technologies, Inc. is $330.00, about 10.3% below its last closing price of $363.84
This summary was machine generated from LSEG data August 6 at 12:49 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 3.33 | 3.66 | Beat |
Mar. 31 2026 | 2.69 | 3.04 | Beat |
Dec. 31 2025 | 2.34 | 2.62 | Beat |
Sep. 30 2025 | 2.26 | 2.50 | Beat |
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