Xylem(XYL)
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Why Xylem Stock Slipped Today
The Motley Fool· 2024-07-30 21:44
Xylem beat second-quarter estimates, but investors were not impressed. As a result, the stock finished the day down 5.7% on Tuesday. Revenue in the quarter jumped 26% or 9% organically, reaching $2.17 billion and topping estimates of $2.14 billion. The organic results exclude the impact of its acquisition of Evoqua Water Technologies. What's next for Xylem Xylem might have gained on today's news, but the stock was already up roughly 20% year to date and trades at a forward price-to-earnings ratio of more th ...
Xylem (XYL) Q2 Earnings & Revenues Beat, '24 View Raised
ZACKS· 2024-07-30 18:35
XYL's revenues of $2.17 billion beat the consensus estimate of $2.16 billion. The top line jumped 26% year over year, driven by strong commercial and operational execution, and resilient demand. Organic revenues in the quarter rose 9%. Segmental Details The Applied Water segment generated revenues of $456 million, down 5% year over year. Organic sales fell 4% on a year-over-year basis. The segmental performance was hurt by softness in developed markets and an unfavorable mix. The Zacks Consensus Estimate wa ...
Xylem(XYL) - 2024 Q2 - Quarterly Report
2024-07-30 17:16
| --- | --- | --- | |--------------------------------------------------------------------------------------------------------|----------|---------------------------------------------| | (in millions) \nXylem Common Stock issued to Evoqua stockholders (58,779,096 shares) | Fair \n$ | Value of Purchase Consideration \n6,121 | | Estimated replacement equity awards | | 160 | | Payment of certain Evoqua indebtedness | | 619 | | Total | $ | 6,900 | 9 | --- | --- | --- | --- | --- | |------------------------------ ...
Xylem(XYL) - 2024 Q2 - Earnings Call Transcript
2024-07-30 15:18
Good day, everyone, and welcome to the Xylem's Second Quarter 2024 Results Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note that this event is being recorded. Our first-half performance is a reflection of the value creation direction we set early in the year and discussed at Xylem's Investor Day, in May. That direction includes both resilient above-market growth and accelerated margin expansion. It's gratifying to see the kind of momentum reflected in our qu ...
Xylem (XYL) Beats Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-30 13:05
Xylem (XYL) came out with quarterly earnings of $1.09 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $0.98 per share a year ago. These figures are adjusted for nonrecurring items. Over the last four quarters, the company has surpassed consensus EPS estimates four times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earning ...
Xylem(XYL) - 2024 Q2 - Earnings Call Presentation
2024-07-30 12:47
Industrial and buildings solutions applications including pumps, valves, heat exchangers, controls, and dispensing equipment • Key Brands: Bell & Gossett, Flojet, Goulds, Lowara • Geo. Split: US ~50% / W. Europe ~20% / EM & Other ~30% • End Market Split: Industrials ~45% / Building Solutions ~55% • Channels: Primarily indirect • Market Drivers: Urbanization, climate, regulation, labor shortage • Competitive Advantage: Established footprint, strong channel partnerships, quality & reliability Water Infrastruc ...
Xylem(XYL) - 2024 Q2 - Quarterly Results
2024-07-30 11:02
Xylem Reports Second Quarter 2024 Results and Raises Full-Year Guidance • Revenue of $2.2 billion, up 26% on a reported basis and 9% organically • Earnings per share of $0.80, up 78%; $1.09 on an adjusted basis, up 11% • Raising full-year revenue guidance to $8.55 billion, up approximately 16%, with organic revenue growth of 5% to 6%, up from 4% to 6% • Increasing full-year adjusted EPS guidance to $4.18 to $4.28, from $4.10 to $4.25 WASHINGTON, D.C., (July 30, 2024) – Xylem Inc. (NYSE: XYL), a leading glob ...
Curious about Xylem (XYL) Q2 Performance? Explore Wall Street Estimates for Key Metrics
ZACKS· 2024-07-29 14:22
The consensus EPS estimate for the quarter has undergone a downward revision of 0.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. In light of this perspective, let's dive into the average estimates of certain Xylem metrics that are commonly tracked and forecasted by Wall Street analysts. Analysts forecast 'Revenue- Measurement & Control Solutions' to reach $470.39 million. The esti ...
Xylem (XYL) Gears Up to Post Q2 Earnings: What to Expect
ZACKS· 2024-07-26 17:46
Let's see how things have shaped up for Xylem this earnings season. Growth in the transport application business, driven by backlog execution and the timing of projects in Western Europe, is expected to have boosted the Water Infrastructure segment's performance. The Water Solutions and Services segment is anticipated to have performed strongly, driven by strength in the dewatering application business. Earnings Whispers The company has a stellar earnings surprise history, having outperformed the Zacks Cons ...
Xylem (XYL) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-07-23 15:06
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower. The market expects Xylem (XYL) to deliver a year-over-year increase in earnings 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 st ...