Xylem Inc expected to post earnings of $1.05 a share - Earnings Preview

Xylem

26/07/2024 12:48

* Xylem Inc  XYL.N   XYL  is expected to show a rise in
quarterly
revenue when it reports  results on July 30 for the period
ending June 30 2024
    * The Washington Washington Dc-based  company is expected to
report a 24.5% increase in revenue to $2.145 billion from $1.72
billion a year ago, according to the mean estimate from 14
analysts, based on LSEG data.The company's guidance on May 2
2024, for the period ended June 30, was for revenue between
$2.12 billion and $2.15 billion.
    * ​LSEG's mean analyst estimate for Xylem Inc is for
earnings of
$1.05 per share. The company's EPS guidance on May 2 2024, for
the period ended June 30, was between $1.00 and $1.05 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Xylem Inc
is
$156.04​, above​ its last closing price of $137.13. ​​​

The company's guidance on May 2 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD2.11806 billion and USD430.5 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.84        0.84       0.90      Beat    7.2
 Jan. 1 0001   0.96        0.96       0.99      Beat    3.6
 Jan. 1 0001   0.89        0.89       0.99      Beat    11.7​
 Jun. 30 2023  0.80        0.80       0.98      Beat    22.2
 ​​Jan.        0.62        0.62       0.72      Beat    16.5
 1 0001                                                 
 Jan. 1 0001   0.79        0.79       0.92      Beat    16​
 Jan. 1 0001   0.66        0.66       0.79      Beat    20.4
 Jan. 1 0001   0.54        0.54       0.66      Beat    22.3
 This summary was machine generated July 26 at 11:47 GMT.  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)