Zurn Elkay Water Solutions Corp expected to post earnings of 27  cents a share - Earnings Preview

Zurn Elkay Water Solutions

28/10/2023 03:03

* Zurn Elkay Water Solutions Corp  ZWS.N   ZWS  is expected
to show a fall in quarterly revenue when it reports  results on
October 31. 
    * The Milwaukee Wisconsin-based  company is expected to
report  a
5.1% decrease in revenue to $396.367 million from $417.7 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. The company's guidance on July 24 2023,
for the period ended September 30, was for revenue between
$390.00 million and $400.00 million.
    * ​Refinitiv's mean analyst estimate for Zurn Elkay Water
Solutions Corp is for earnings of 27 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"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 $31​, above​ its last closing price of $25.78.
​​​

The company's guidance on July 24 2023 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD390 million and
USD96 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  
 Jun. 30 2023  0.22        0.22       0.24      Beat    7.7
 Mar. 31 2023  0.15        0.15       0.18      Beat    17.4
 Dec. 31 2022  0.16        0.17       0.16      Missed  -3​
 Sep. 30 2022  0.24        0.24       0.26      Beat    6.4
 ​​Jun.        0.29        0.29       0.32      Beat    10.3
 30 2022                                                
 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
 This summary was machine generated October 28 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated