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

Xylem

31/10/2023 11:55

* Xylem Inc  XYL.N  reported quarterly adjusted earnings of
99
cents​​ per share for the quarter ended in September. The mean
expectation of fourteen analysts for the quarter was
for earnings of 89 cents per share.
    * Revenue rose 50.4% to $2.08 billion from a year ago;
analysts
expected $1.99 billion. 
    * Xylem Inc's reported EPS for the quarter was 63 cents​.
    * The mean earnings estimate of analysts had risen by
about 7% in
the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Xylem Inc shares had fallen by 1.9% this quarter and
lost 19.3%
so far this year.
    * The company reported quarterly net income of $152 million.
    * Wall Street's median 12-month price target for Xylem Inc
is
$120.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 31 at 11:55 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.89           0.99           Beat
 Jun. 30 2023      0.80           0.98           Beat
 Mar. 31 2023      0.62           0.72           Beat
 Dec. 31 2022      0.79           0.92           Beat