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Watts Water (WTS) Q1 Earnings and Revenues Beat Estimates
Watts WaterWatts Water(US:WTS) ZACKSยท2025-05-08 00:40

Company Performance - Watts Water reported quarterly earnings of $2.37 per share, exceeding the Zacks Consensus Estimate of $2.12 per share, and showing an increase from $2.33 per share a year ago, representing an earnings surprise of 11.79% [1] - The company posted revenues of $558 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.20%, although this is a decrease from year-ago revenues of $570.9 million [2] - Over the last four quarters, Watts Water has consistently surpassed consensus EPS estimates and revenue estimates [2] Stock Performance - Since the beginning of the year, Watts Water shares have increased by approximately 4.2%, contrasting with a decline of 4.7% in the S&P 500 [3] - The current Zacks Rank for Watts Water is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $2.48 on revenues of $597.27 million, and for the current fiscal year, it is $9.10 on revenues of $2.26 billion [7] - The outlook for the Instruments - Control industry, to which Watts Water belongs, is currently in the bottom 31% of over 250 Zacks industries, which may impact the stock's performance [8]