Core Insights - Xylem reported $2.1 billion in revenue for Q3 2024, a year-over-year increase of 1.4%, with EPS of $1.11 compared to $0.99 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of $2.18 billion, resulting in a surprise of -3.31% [1] - The company did not deliver an EPS surprise, as the consensus EPS estimate was also $1.11 [1] Revenue Performance - Water Solutions and Services revenue was $576 million, below the estimated $607.43 million [3] - Applied Water revenue was $447 million, slightly below the estimated $449.78 million, representing a -3.9% change year-over-year [3] - Water Infrastructure revenue was $623 million, significantly below the estimated $637.98 million, reflecting a -22.4% year-over-year change [3] - Measurement & Control Solutions revenue was $458 million, below the estimated $479.03 million, with a year-over-year change of +4.1% [3] Adjusted Operating Income - Adjusted Operating Income for Water Infrastructure was $111 million, compared to the average estimate of $115.15 million [3] - Adjusted Operating Income for Applied Water was $73 million, slightly below the estimated $74.61 million [3] - Adjusted Operating Income for Water Solutions and Services was $94 million, compared to the average estimate of $97.41 million [3] - Adjusted Operating Income for Corporate and other was -$10 million, better than the average estimate of -$16.10 million [3] - Adjusted Operating Income for Measurement & Control Solutions was $82 million, below the estimated $87.15 million [3] Stock Performance - Xylem shares returned -3.1% over the past month, while the Zacks S&P 500 composite increased by +1% [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [4]

Core Viewpoint - Xylem reported quarterly earnings of $1.11 per share, matching the Zacks Consensus Estimate, and showing an increase from $0.99 per share a year ago [1] - The company posted revenues of $2.1 billion for the quarter, missing the Zacks Consensus Estimate by 3.31%, but showing a slight increase from $2.08 billion year-over-year [2] Financial Performance - Earnings per share (EPS) for the recent quarter were $1.11, consistent with expectations, and up from $0.99 a year prior [1] - Revenue for the quarter was $2.1 billion, which was below the expected $2.17 billion, but an increase from the previous year's $2.08 billion [2] - Over the last four quarters, Xylem has surpassed consensus EPS estimates three times and has topped revenue estimates three times as well [2] Market Performance - Xylem shares have increased approximately 13.9% since the beginning of the year, while the S&P 500 has gained 21.9% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.15 on revenues of $2.21 billion, and for the current fiscal year, it is $4.26 on revenues of $8.59 billion [7] - The outlook for the industry, specifically the Manufacturing - General Industrial sector, is favorable, ranking in the top 39% of over 250 Zacks industries [8]

| --- | --- | --- | |----------------------------------------|---------------------------------------------------|----------------------------------------------------| | | | Exhibit 99.1 | | | | | | Xylem Inc. | | | | 301 Water Street | SE, Suite 200 | | | | | | | Washington, DC Tel +1.202.869.9150 | 20003 | | | | | | | | | | | Contacts: | Media Houston Spencer +1 (914) 240-3046 | Investors Keith Buettner +1 (724) 772-1531 | | | Houston.Spencer@xylem.com | Keith.Buettner@xylem.com | Xylem Reports Third Quar ...

Core Viewpoint - Xylem (XYL) is positioned well to continue its trend of beating earnings estimates, having surpassed expectations in its last two quarterly reports [1][2]. Earnings Performance - Xylem has recorded an average earnings surprise of 4.99% over the last two quarters, with the most recent quarter showing a surprise of 2.83% (actual earnings of $1.09 per share vs. expected $1.06) and the previous quarter a surprise of 7.14% (actual $0.90 vs. expected $0.84) [1][2]. Earnings Estimates - Estimates for Xylem have been trending higher, supported by its history of earnings surprises, and the stock currently has a positive Zacks Earnings ESP of +0.10%, indicating bullish sentiment among analysts regarding its near-term earnings potential [2][3]. Zacks Rank and Predictive Power - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with research indicating that such combinations result in positive surprises nearly 70% of the time [2][3]. Upcoming Earnings Report - Xylem's next earnings report is anticipated to be released on October 31, 2024, and the positive Earnings ESP indicates potential for continued strong performance [3].

Xylem Inc. (XYL) is well-poised for growth in the coming quarters, courtesy of its businesses and accretive acquisitions. The company's efforts to reward its shareholders add to its appeal. Headquartered in Rye Brook, NY, Xylem is one of the leading providers of water solutions worldwide. It is involved in the full water-process cycle, including the collection, distribution and return of water to the environment. XYL has a significant presence in the United States, the Asia Pacific, Europe and various other ...

onuma Inthapong/E+ via Getty Images Xylem Inc. (NYSE:XYL) has been performing well over the past 12 months, with the share price increasing 45% since November 2023. In this article, I considered reviewing Xylem's recent financial performance, with a focus on the headwinds and pressures that the company is currently facing, including a significant decline in orders in their water infrastructure segment due to delays in large infrastructure projects in China. In my view, shareholders have fully priced in the ...

LEXINGTON, Ky., Sept. 6, 2024 /PRNewswire/ -- ElectraMet® has entered into a memorandum of understanding with Xylem Inc. (NYSE: XYL) to explore collaboration on scalable peroxide and metals removal solutions for North American lithium-ion battery recyclers and microelectronics manufacturers. The potential solutions will leverage ElectraMet's technology for the targeted removal and recovery of metals, as well as peroxide abatement – crucial deliverables in microelectronics waste treatment and battery recycli ...

An analyst downgrade hit the stock today, but that could be creating a buying opportunity. Shares of water infrastructure technology company Xylem (XYL -4.93%) were down by almost 5% as of 11:30 a.m. ET today. The decline comes after an analyst rating downgrade to a hold from a buy amid concerns over earnings momentum and valuation. Here's the lowdown. A good year for the water technology sector An analyst at TD Cowen maintained a $138 price target (the stock opened around that price today) but downgraded t ...

A month has gone by since the last earnings report for Xylem (XYL) . Shares have added about 1.7% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Xylem due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Xylem Q2 Earnings & Revenues Beat,'24 View Raised Xylem's secon ...

Xylem Inc. (XYL) is witnessing growth across most of its businesses. The Measurement & Control Solutions (M&CS) segment is benefiting from the robust demand for advanced technology solutions like smart metering and other applications, primarily in the United States. The segment's organic sales were up 26% year over year, driven by smart metering demand and execution. Growth in the transport application business, driven by a strong pipeline of capital projects in Western Europe and increased infrastructure p ...