Zurn Elkay Water Solutions Corp expected to post earnings of 29  cents a share - Earnings Preview

Zurn Elkay Water Solutions

22/07/2022 22:06

* Zurn Elkay Water Solutions Corp  ZWS.N   ZWS  is expected
to show a fall in quarterly revenue when it reports  results on
July 26. 
    * The Milwaukee Wisconsin-based  company is expected to
report  a
51.0% decrease in revenue to $278.714 million from $568.3
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Zurn Elkay Water
Solutions Corp is for earnings of 29 cents per share. For the
same quarter last year, the company reported earnings of 58
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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Zurn Elkay
Water
Solutions Corp is $37​, above​ its last closing price of $31.68.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.22        0.22       0.24      Beat    9.1
 Dec. 31 2022  0.11        0.11       0.22      Beat    100
 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.        0.46        0.45       0.47      Beat    3.5
 31 2021                                                
 Dec. 31 2020  0.38        0.38       0.39      Beat    2.1​
 Sep. 30 2020  0.38        0.37       0.47      Beat    26.4
                                      0.36              
 This summary was machine generated July 22 at 21:06 GMT.  All
figures in US dollars  unless otherwise stated