Xylem: Q2 Earnings Insights

 

Shares of Xylem XYL remained unaffected after the company reported Q2 results.

Quarterly Results

Earnings per share rose 65.00% year over year to $0.66, which beat the estimate of $0.62.

Revenue of $1,351,000,000 up by 16.47% year over year, which beat the estimate of $1,310,000,000.

Guidance

Xylem raised FY21 organic revenue growth guidance from 5-7% to 9-11%.

Conference Call Details

Date: Aug 03, 2021

Time: 11:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/mr26xcqk

Recent Stock Performance

Company's 52-week high was at $127.84

Company's 52-week low was at $71.87

Price action over last quarter: Up 7.06%

Company Description

Xylem is a global leader in water technology and offers a wide range of solutions, including the transport, treatment, testing, and efficient use of water for customers in the utility, industrial, commercial, and residential sectors. Xylem was spun off from ITT in 2011. Based in Rye Brook, New York, Xylem has a presence in over 150 countries and employs 16,200. The company generated $4.9 billion in revenue and $525 million in adjusted operating income in 2020.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!