Zurn Elkay Water Solutions Corp reports results for the quarter ended in December - Earnings Summary

Zurn Elkay Water Solutions

07/02/2023 22:56

* Zurn Elkay Water Solutions Corp  ZWS.N  reported quarterly
adjusted earnings of 16 cents​​ per share for the quarter ended
in December. The mean expectation of six analysts for the
quarter was for earnings of 17 cents per share.
    * Revenue rose 46.5% to $340.30 million from a year ago;
analysts
expected $344.70 million. 
    * Zurn Elkay Water Solutions Corp's reported EPS for the
quarter
was 8 cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.2%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Zurn Elkay Water Solutions Corp shares had risen by 5.4%
this
quarter.
    * The company reported quarterly net income of $14.2
million.
    * Wall Street's median 12-month price target for Zurn Elkay
Water
Solutions Corp is $26.50 
    * 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." 

This summary was machine generated from Refinitiv data February
7 at 10:56 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.17           0.16           Missed
 Sep. 30 2022      0.24           0.26           Beat
 Jun. 30 2022      0.29           0.32           Beat
 Mar. 31 2022      0.22           0.24           Beat