Watts Water (WTS) Q1 Earnings and Revenues Beat Estimates

Watts Water (WTS) came out with quarterly earnings of $2.37 per share, beating the Zacks Consensus Estimate of $2.12 per share. This compares to earnings of $2.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.79%. A quarter ago, it was expected that this maker of valves for plumbing, heating and water needs would post earnings of $1.91 per share when it actually produced earnings of $2.05, delivering a surprise of 7.33%.O ...