Zurn Water Solutions Corp expected to post earnings of 22  cents a share - Earnings Preview

Zurn Elkay Water Solutions

23/04/2022 24:42

* Zurn Water Solutions Corp  ZWS.N   ZWS  is expected
to show a
fall in quarterly revenue when it reports  results on April 26. 
    * The Milwaukee Wisconsin-based  company is expected to
report  a
54.0% decrease in revenue to $242.027 million from $526.1
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Zurn Water
Solutions Corp
is for earnings of 22 cents per share. For the same quarter last
year, the company reported earnings of 47 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 Water
Solutions Corp is $43​, above​ its last closing price of $34.75.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  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. 31 2021  0.46        0.45       0.47      Beat    3.5
 ​​Dec.        0.38        0.38       0.39      Beat    2.1
 31 2020                                                
 Sep. 30 2020  0.38        0.37       0.47      Beat    26.4​
                                      0.36              
 This summary was machine generated April 22 at 23:42 GMT.  All
figures in US dollars  unless otherwise stated