Brief: Xylem Reports First Quarter 2023 Results

Xylem

04/05/2023 12:09

Xylem Inc  XYL.N :
    * XYLEM REPORTS FIRST QUARTER 2023 RESULTS
    * EXPECTS FULL-YEAR 2023 REVENUE GROWTH OF 8 TO 9 PERCENT ON
AN
ORGANIC AND REPORTED BASIS
    * FULL-YEAR 2023 ADJUSTED EBITDA MARGIN IS EXPECTED TO BE IN
THE
RANGE OF 17.5 TO 18.0 PERCENT
    * EXPECTS FULL YEAR 2023 ADJUSTED EARNINGS PER SHARE OF
$3.15 TO
$3.35
    * INCREASED GUIDANCE REFLECTS OUR EXPECTATIONS OF CONTINUING
STRONG DEMAND, COMMERCIAL MOMENTUM, AND IMPROVED CHIP SUPPLY
    * QTRLY EARNINGS PER SHARE $0.54
    * Q1 EARNINGS PER SHARE VIEW $0.62, REVENUE VIEW $1.34
BILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nBw3GQtVla 
Further company coverage:  XYL.N