31.10.2023 12:40:12 - dpa-AFX: Xylem Inc. Q3 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - Xylem Inc. (XYL) revealed earnings for its third
quarter that increased from the same period last year and beat the Street
estimates.

The company's earnings came in at $152 million, or $0.63 per share. This
compares with $12 million, or $0.07 per share, in last year's third quarter.

Excluding items, Xylem Inc. reported adjusted earnings of $240 million or $0.99
per share for the period.

Analysts on average had expected the company to earn $0.89 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 50.4% to $2.076 billion from $1.380
billion last year.

Xylem Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $152 Mln. vs. $12 Mln. last year.
-EPS (Q3): $0.63 vs. $0.07 last year.
-Analyst Estimate: $0.89
-Revenue (Q3): $2.076 Bln vs. $1.380 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
XYLEM INC. DL-,01 A1JMBU Frankfurt 127,250 04.06.24 16:36:24 -3,350 -2,57% 0,000 0,000 126,850 127,250

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