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

Xylem

02/08/2023 13:34

* Xylem Inc  XYL.N  reported quarterly adjusted earnings of
98
cents​​ per share for the quarter ended in June. The mean
expectation of fourteen analysts for the quarter was
for earnings of 80 cents per share.
    * Revenue rose 26.2% to $1.72 billion from a year ago;
analysts
expected $1.65 billion. 
    * Xylem Inc's reported EPS for the quarter was 45 cents​.
    * The mean earnings estimate of analysts had risen by
about 2.7%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Xylem Inc shares had fallen by 0.6% this quarter and
gained 1.2%
so far this year.
    * The company reported quarterly net income of $92 million.
    * Wall Street's median 12-month price target for Xylem Inc
is
$124.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 12:34 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.80           0.98           Beat
 Mar. 31 2023      0.62           0.72           Beat
 Dec. 31 2022      0.79           0.92           Beat
 Sep. 30 2022      0.66           0.79           Beat