Did you analyze how Watts Water (WTS) fared in its international operations for the quarter ending June 2024? Given the widespread global presence of this maker of valves for plumbing, heating and water needs, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities. In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial h ...

Watts Water Technologies, Inc. (NYSE:WTS) Q2 2024 Earnings Call August 8, 2024 9:00 AM ET Company Participants Diane McClintock - Senior Vice President, FP&A and Investor Relations Bob Pagano - President and Chief Executive Officer Shashank Patel - Chief Financial Officer Conference Call Participants Ryan Connors - Northcoast Research Jeff Hammond - KeyBanc Capital Markets Nathan Jones - Stifel Mike Halloran - Baird Joe Giordano - TD Cowen Walter Liptak - Seaport Research Partners Operator Welcome to the Wa ...

Watts Water Technologies, Inc (WTS) reported second-quarter 2024 adjusted earnings per share (EPS) of $2.46, which increased 5% on a year-over-year basis and beat the Zacks Consensus Estimate by 5.1%. The company's quarterly net sales rose 12% year over year to $597.3 million. The top line surpassed the Zacks Consensus Estimate by 1.8%. Organic sales remained flat year over year. The company's performance benefited from higher revenue growth in the Asia-Pacific, the Middle East and Africa (APMEA) and the Am ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024 or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 001-11499 WATTS WATER TECHNOLOGIES, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 04-2916536 (State or ...

© 2024 Watts Water Technologies, Inc. WATTS WATER TECHNOLOGIES Q2 2024 EARNINGS CONFERENCE CALL August 8, 2024 Forward Looking Statements 2 © 2024 Watts Water Technologies, Inc. Certain statements in this presentation constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are related to forecasts of sales, margins, earnings, earnings per share, effective tax rate, capital expenditures, cash flow, water market growth, acquisition str ...

Watts Water (WTS) reported $597.3 million in revenue for the quarter ended June 2024, representing a yearover-year increase of 12.1%. EPS of $2.46 for the same period compares to $2.34 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $586.67 million, representing a surprise of +1.81%. The company delivered an EPS surprise of +5.13%, with the consensus EPS estimate being $2.34. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Contact: Diane McClintock SVP FP&A & Investor Relations email:investorrelations@wattswater.com WATTS WATER TECHNOLOGIES REPORTS RECORD SECOND QUARTER 2024 RESULTS ◾ Reported sales of $597 million increased 12%; organic sales were flat ◾ Reported operating margin of 18.7%, down 10 bps; adjusted operating margin of 18.8%, down 70 bps ◾ Reported EPS of $2.44, up 8%; adjusted EPS of $2.46, up 5% ◾ Amended and extended existing credit facility, effective July 12, 2024 ◾ Maintai ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium includes access to the Zacks Style Scores as ...

The market expects Watts Water (WTS) to deliver flat earnings compared to the year-ago quarter on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be r ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Watts Water (WTS) , which belongs to the Zacks Instruments - Control industry, could be a great candidate to consider. For Watts Water, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future ear ...