06.02.2024 14:34:22 - dpa-AFX: Xylem Issues 2024 Guidance
WASHINGTON (dpa-AFX) - Xylem Inc. (XYL) initiated full-year 2024 revenue
guidance of $8.4 to $8.5 billion, up 3% to 5% organically, and adjusted earnings
per share range of $4.00 to $4.20.
Fourth quarter bottom line totaled $266 million, or $1.10 per share compared
with $149 million, or $0.82 per share, in last year's fourth quarter. Adjusted
earnings per share was $0.99, down 1%. Revenue was $2.1 billion, up 41% on a
reported basis and 9% organically.
The Board of Xylem has declared a first-quarter dividend of $0.36 per share, an
increase of 9 percent. The dividend is payable on March 20, 2024, to
shareholders of record as of February 21, 2024.
For more earnings news, earnings calendar, and earnings for stocks, visit
rttnews.com.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX