Watts Water Technologies: Q2 Earnings Insights

Watts Water Technologies WTS reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Watts Water Technologies beat estimated earnings by 29.45%, reporting an EPS of $2.11 versus an estimate of $1.63.

Revenue was up $59.60 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.26 which was followed by a 6.93% increase in the share price the next day.

Here's a look at Watts Water Technologies's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1.37 1.33 1.29 1.28
EPS Actual 1.63 1.42 1.39 1.48
Revenue Estimate 442.79M 455.05M 433.81M 425.42M
Revenue Actual 463.20M 473.90M 455.00M 467.00M

To track all earnings releases for Watts Water Technologies visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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