Xylem Inc reports results for the quarter ended in December - Earnings Summary

Xylem

06/02/2024 13:38

* Xylem Inc  XYL.N  reported quarterly adjusted earnings of
99
cents​​ per share for the quarter ended in December, higher than
the same quarter last year, when the company reported EPS of 92
cents.  The mean expectation of fifteen analysts for the quarter
was for earnings of 96 cents per share. Wall Street expected
results to range from 92 cents to $1.00 per share.
    * Revenue rose 40.6% to $2.12 billion from a year ago;
analysts
expected $2.05 billion. 
    * Xylem Inc's reported EPS for the quarter was $1.10​.
    * The company reported quarterly net income of $266 million.
    * Xylem Inc shares had fallen by 0.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Xylem Inc
is
$128.00 

This summary was machine generated from LSEG data February 6 at
01:38 p.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
 Dec. 31 2023      0.96           0.99           Beat
 Sep. 30 2023      0.89           0.99           Beat
 Jun. 30 2023      0.80           0.98           Beat
 Mar. 31 2023      0.62           0.72           Beat