tradingkey.logo

BUZZ-Xylem up after upbeat Q4 results

ReutersFeb 4, 2025 6:23 PM

Shares of water treatment products maker Xylem XYL.N up as much as 7.4% AT 131.93

Stock set for its best day since May 2022 if gains hold

Company reports Q4 revenue rise of 6.5% to $2.26 billion vs. estimates of $2.18 billion- data compiled by LSEG

"All segments delivered strong Q4 orders growth, giving us momentum coming into 2025 on resilient underlying demand," CEO Matthew Pine says

Q4 adjusted EPS $1.18 vs. estimates of $1.13, helped by more full-price sales and higher volumes

However, forecasts 2025 revenue of $8.6 billion to $8.7 billion, below estimates of $8.86 billion

Co also sees annual adjusted EPS of $4.50-$4.70 vs. estimates of $4.69

XYL rose 1.5% in 2024

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI