Xylem up after upbeat Q4 results

Xylem

04/02/2025 18:23

** Shares of water treatment products maker Xylem  XYL.N  up
as much as 7.4% AT 131.93
    ** Stock set for its best day since May 2022 if gains hold
    ** Company reports Q4 revenue rise of 6.5% to $2.26 billion
vs. estimates of $2.18 billion- data compiled by LSEG
    ** "All segments delivered strong Q4 orders growth, giving
us momentum coming into 2025 on resilient underlying demand,"
CEO Matthew Pine says
    ** Q4 adjusted EPS $1.18 vs. estimates of $1.13, helped by
more full-price sales and higher volumes
    ** However, forecasts 2025 revenue of $8.6 billion to $8.7
billion, below estimates of $8.86 billion
    ** Co also sees annual adjusted EPS of $4.50-$4.70 vs.
estimates of $4.69
    ** XYL rose 1.5% in 2024

 (Reporting by Neil J Kanatt in Bengaluru)
 ((Neil.JKanatt@thomsonreuters.com;))