Xylem Inc expected to post earnings of 84 cents a share - Earnings Preview

Xylem

30/04/2024 12:19

* Xylem Inc  XYL.N   XYL  is expected to show a rise in
quarterly
revenue when it reports  results on May 2 for the period ending
January 1 0001
    * The Washington Washington Dc-based  company is expected to
report a 37.9% increase in revenue to $1.997 billion from $1.45
billion a year ago, according to the mean estimate from 15
analysts, based on LSEG data.The company's guidance on February
6 2024, for the period ended March 31, was for revenue between
$1.97 billion and $2.00 billion.
    * ​LSEG's mean analyst estimate for Xylem Inc is for
earnings of
84 cents per share. The company's EPS guidance on February 6
2024, for the period ended March 31, was between $0.80 and
$0.85 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "strong buy" or "buy," 6
"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
$145.50​, above​ its last closing price of $132.59. ​​​

The company's guidance on February 6 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD1.96928 billion and USD359.6832
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  
 Dec. 31 2023  0.96        0.96       0.99      Beat    3.6
 Sep. 30 2023  0.89        0.89       0.99      Beat    11.7
 Jun. 30 2023  0.80        0.80       0.98      Beat    22.2​
 Mar. 31 2023  0.62        0.62       0.72      Beat    16.5
 ​​Dec.        0.79        0.79       0.92      Beat    16
 31 2022                                                
 Jan. 1 0001   0.66        0.66       0.79      Beat    20.4​
 Jun. 30 2022  0.54        0.54       0.66      Beat    22.3
 Mar. 31 2022  0.41        0.41       0.47      Beat    14.3
 This summary was machine generated April 30 at 11:18 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)