Watts Water Technologies: Q1 Earnings Insights

Watts Water Technologies WTS reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:05 PM.

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

Watts Water Technologies beat estimated earnings by 18.98%, reporting an EPS of $1.63 versus an estimate of $1.37.

Revenue was up $49.90 million from the same period last year.

Last quarter the company beat on EPS by $0.09 which was followed by a 6.82% drop in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	1.33	1.29	1.28	1
EPS Actual	1.42	1.39	1.48	1.24
Revenue Estimate	455.05M	433.81M	425.42M	386.01M
Revenue Actual	473.90M	455.00M	467.00M	413.30M

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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