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

Xylem

04/05/2023 14:18

* Xylem Inc  XYL.N  reported quarterly adjusted earnings of
72
cents​​ per share for the quarter ended in March. The mean
expectation of thirteen analysts for the quarter was
for earnings of 62 cents per share.
    * Revenue rose 13.8% to $1.45 billion from a year ago;
analysts
expected $1.34 billion. 
    * Xylem Inc's reported EPS for the quarter was 54 cents​.
    * The mean earnings estimate of analysts had risen by
about 1% in
the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Xylem Inc shares had fallen by 0.5% this quarter and
lost 5.8%
so far this year.
    * The company reported quarterly net income of $99 million.
    * Wall Street's median 12-month price target for Xylem Inc
is
$120.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 01:18 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.62           0.72           Beat
 Dec. 31 2022      0.79           0.92           Beat
 Sep. 30 2022      0.66           0.79           Beat
 Jun. 30 2022      0.54           0.66           Beat