Zurn Elkay Water Solutions Corp expected to post earnings of 24cents a share - Earnings Preview

Zurn Elkay Water Solutions

22/10/2022 01:53

* Zurn Elkay Water Solutions Corp  ZWS.N   ZWS  is expected
to show a fall in quarterly revenue when it reports  results on
October 25. 
    * The Milwaukee Wisconsin-based  company is expected to
report  a
24.4% decrease in revenue to $421.239 million from $557.2
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
July 27 2022, for the period ended September 30, was for revenue
between $651.92 million and $663.07 million.
    * ​Refinitiv's mean analyst estimate for Zurn Elkay Water
Solutions Corp is for earnings of 24 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 6 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Zurn Elkay
Water
Solutions Corp is $32.5​, above​ its last closing price
of $24.45. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  0.23        0.23       0.55      Beat    139.1
 ​​Jun.        0.50        0.50       0.58      Beat    16.8
 30 2021                                                
 Mar. 31 2021  0.46        0.45       0.47      Beat    3.5​
 Dec. 31 2020  0.38        0.38       0.39      Beat    2.1
 Sep. 30 2020  0.38        0.37       0.47      Beat    26.4
 This summary was machine generated October 22 at 00:53 GMT.  All
figures in US dollars  unless otherwise stated