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

Zurn Elkay Water Solutions

26/07/2022 23:15

* Zurn Elkay Water Solutions Corp  ZWS.N  reported quarterly
adjusted earnings of 32 cents​​ per share for the quarter ended
in June. The mean expectation of six analysts for the quarter
was for earnings of 29 cents per share.
    * Revenue fell 50% to $284.20 million from a year ago;
analysts
expected $278.20 million. 
    * Zurn Elkay Water Solutions Corp's reported EPS for the
quarter
was 28 cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.7%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Zurn Elkay Water Solutions Corp shares had risen by 14.2%
this
quarter and lost 14.5% so far this year.
    * The company reported quarterly net income of $36.4
million.
    * Wall Street's median 12-month price target for Zurn Elkay
Water
Solutions Corp is $37.00 
    * 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." 

This summary was machine generated from Refinitiv data July 26
at 10:15 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.29           0.32           Beat
 Mar. 31 2022      0.22           0.24           Beat
 Dec. 31 2021      0.11           0.22           Beat
 Sep. 30 2021      0.23           0.55           Beat