Xylem gains after annual profit forecast raise
BUZZ-Xylem gains after annual profit forecast raise Updates
** Shares of water-management company Xylem XYL.N rise 3.4% to $124.19
** Co raises its annual profit forecast to $5.55-$5.70 per share vs its previous forecast of $5.35 to $5.60
** Analysts on average expect 2026 adjusted profit of $5.54 per share, according to data compiled by LSEG
** Co posts Q2 adjusted profit of $1.46 per share, above analysts' estimate of $1.34
** Including session's move, XYL down 9.3% YTD
(Reporting by Kunal Das in Bengaluru)
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