Brief: Zurn Elkay Water Solutions Q2 Sales USD 444.5 Million Vs. IBES Estimate USD 425 Million

Zurn Elkay Water Solutions

29/07/2025 21:05

Overview

Zurn Elkay Q2 net sales rise 8%, beating analysts' expectations, per LSEG data

Adjusted EPS for Q2 grows 27% yr/yr

Co repurchased 1 mln shares, deploying $33 mln in Q2

Outlook

Company expects Q3 core sales growth similar to Q2

Zurn Elkay raises full-year adjusted EBITDA outlook to $420 mln-$430 mln

Company anticipates full-year free cash flow of approximately $300 mln

Zurn Elkay sees full-year core sales growth of at least 5%

Result Drivers

PRICING ACTIONS - Strategic pricing actions contributed to 8% core sales growth, per CEO Todd Adams

SUPPLY CHAIN FLEXIBILITY - Diversity and flexibility of supply chain helped navigate global tariff dynamics

MARKET STABILITY - Positive and stable non-residential end-markets supported sales growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$444.50 mln
$425 mln (7 Analysts)
Q2 Net Income
$50.50 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction supplies & fixtures peer group is "buy"

Wall Street's median 12-month price target for Zurn Elkay Water Solutions Corp is $39.00, about 1.5% above its July 28 closing price of $38.42

The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 24 three months ago

Press Release: ID:nBw1QxDD2a

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)