Recap: Xylem Q1 Earnings

Xylem XYL reported its Q1 earnings results on Thursday, May 4, 2023 at 06:55 AM.

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

Xylem beat estimated earnings by 16.13%, reporting an EPS of $0.72 versus an estimate of $0.62.

Revenue was up $176.00 million from the same period last year.

Last quarter the company beat on EPS by $0.13 which was followed by a 1.42% drop in the share price the next day.

Here's a look at Xylem's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.79	0.66	0.54	0.41
EPS Actual	0.92	0.79	0.66	0.47
Revenue Estimate	1.41B	1.34B	1.31B	1.23B
Revenue Actual	1.51B	1.38B	1.36B	1.27B

To track all earnings releases for Xylem visit their earnings calendar here.

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

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