Zurn Elkay Water Solutions Corp expected to post earnings of 15  cents a share - Earnings Preview

Zurn Elkay Water Solutions

22/04/2023 24:57

* Zurn Elkay Water Solutions Corp  ZWS.N   ZWS  is expected
to show a rise in quarterly revenue when it reports  results on
April 25. 
    * The Milwaukee Wisconsin-based  company is expected to
report  a
45.0% increase in revenue to $347.302 million from $239.6
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
February 7 2023, for the period ended March 31, was for revenue
between $340.00 million and $355.00 million.
    * ​Refinitiv's mean analyst estimate for Zurn Elkay Water
Solutions Corp is for earnings of 15 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Zurn Elkay
Water
Solutions Corp is $26​, above​ its last closing price of $20.99.
​​​

The company's guidance on February 7 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD340 million and USD69.225
million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.16        0.17       0.16      Missed  -3
 Sep. 30 2022  0.24        0.24       0.26      Beat    6.4
 Jun. 30 2022  0.29        0.29       0.32      Beat    10.3​
 Mar. 31 2022  0.22        0.22       0.24      Beat    9.1
 ​​Dec.        0.11        0.11       0.22      Beat    100
 31 2021                                                
 Sep. 30 2021  0.23        0.23       0.55      Beat    139.1​
 Jun. 30 2021  0.50        0.50       0.58      Beat    16.8
 Mar. 31 2021  0.46        0.45       0.47      Beat    3.5
 This summary was machine generated April 21 at 23:57 GMT.  All
figures in US dollars  unless otherwise stated