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

Zurn Elkay Water Solutions

25/10/2022 23:22

* Zurn Elkay Water Solutions Corp  ZWS.N  reported quarterly
adjusted earnings of 26 cents​​ per share for the quarter ended
in September. The mean expectation of six analysts for the
quarter was for earnings of 24 cents per share.
    * Revenue fell 25% to $417.70 million from a year ago;
analysts
expected $421.24 million. 
    * Zurn Elkay Water Solutions Corp's reported EPS for the
quarter
was a loss of 11 cents​.
    * The mean earnings estimate of analysts had fallen by
about 13.8%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Zurn Elkay Water Solutions Corp shares had fallen by 0.8%
this
quarter and lost 33.2% so far this year.
    * The company reported a quarterly loss of $19.1 million.
    * Wall Street's median 12-month price target for Zurn Elkay
Water
Solutions Corp is $32.50 
    * 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 October
25 at 10:22 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.11           0.22           Beat