Zurn Elkay Water Solutions Corp expected to post earnings of 17cents a share - Earnings Preview

Zurn Elkay Water Solutions

04/02/2023 24:10

* Zurn Elkay Water Solutions Corp  ZWS.N   ZWS  is expected
to show a rise in quarterly revenue when it reports  results on
February 7. 
    * The Milwaukee Wisconsin-based  company is expected to
report  a
48.4% increase in revenue to $344.699 million from $232.3
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
October 25 2022, for the period ended December 31, was for
revenue between $350.00 million and $365.00 million.
    * ​Refinitiv's mean analyst estimate for Zurn Elkay Water
Solutions Corp is for earnings of 17 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 $26.5​, above​ its last closing price
of $22.52. ​​​

The company's guidance on October 25 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD350 million and
USD76.65 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  
 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. 31 2021  0.11        0.11       0.22      Beat    100
 ​​Sep.        0.23        0.23       0.55      Beat    139.1
 30 2021                                                
 Jun. 30 2021  0.50        0.50       0.58      Beat    16.8​
 Mar. 31 2021  0.46        0.45       0.47      Beat    3.5
 Dec. 31 2020  0.38        0.38       0.39      Beat    2.1
 This summary was machine generated February 4 at 00:10 GMT.  All
figures in US dollars  unless otherwise stated