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

Zurn Elkay Water Solutions

25/04/2023 23:10

* Zurn Elkay Water Solutions Corp  ZWS.N  reported quarterly
adjusted earnings of 18 cents​​ per share for the quarter ended
in March. The mean expectation of six analysts for the quarter
was for earnings of 15 cents per share.
    * Revenue rose 55.3% to $372.10 million from a year ago;
analysts
expected $347.30 million. 
    * Zurn Elkay Water Solutions Corp's reported EPS for the
quarter
was 13 cents​.
    * The mean earnings estimate of analysts had fallen by
about 21.4%
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 0.2%
this
quarter and gained 1.2% so far this year.
    * The company reported quarterly net income of $22.8
million.
    * Wall Street's median 12-month price target for Zurn Elkay
Water
Solutions Corp is $26.00 
    * 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 LSEG Refinitiv data
April 25 at 10:10 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.15           0.18           Beat
 Dec. 31 2022      0.17           0.16           Missed
 Sep. 30 2022      0.24           0.26           Beat
 Jun. 30 2022      0.29           0.32           Beat