Xylem is a global leader in water technology, dedicated to helping communities manage and conserve water resources more efficiently
The company provides a wide range of innovative solutions, including advanced equipment and services for water and wastewater treatment, water transport, and water testing. By leveraging cutting-edge technologies and promoting sustainable practices, Xylem aims to address the world's complex water challenges, making water safer, more accessible, and more affordable for people and industries alike. Through its efforts, Xylem is committed to enhancing the quality of life by improving water and energy efficiency, ultimately contributing to a more sustainable future.
Shares of water technology company Xylem (NYSEXYL)
jumped 7.2% in the morning session after the company reported impressive fourth-quarter results, which blew past analysts' organic revenue and EPS estimates. The results were buoyed by strong execution and demand. On the other hand, its full-year revenue and EPS guidance missed. Overall, this was a mixed yet decent quarter.
Let's have a look at what is happening on the US markets one hour before the close of the markets on Tuesday. Below you can find the top S&P500 gainers and losers in today's session.
Water technology company Xylem (NYSEXYL) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 6.5% year on year to $2.26 billion. On the other hand, the company’s full-year revenue guidance of $8.65 billion at the midpoint came in 2.1% below analysts’ estimates. Its non-GAAP profit of $1.18 per share was 4.9% above analysts’ consensus estimates.
U.S. stocks advanced midday Tuesday, demonstrating resilience despite escalating geopolitical tensions and trade uncertainties between the world’s two largest economies.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the water infrastructure industry, including Mueller Water Products (NYSEMWA) and its peers.
Over the last six months, Xylem’s shares have sunk to $123.38, producing a disappointing 12.3% loss - a stark contrast to the S&P 500’s 12.1% gain. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Watts Water Technologies (NYSEWTS) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Tennant (NYSETNC) and the best and worst performers in the water infrastructure industry.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the water infrastructure industry, including Xylem (NYSEXYL) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at water infrastructure stocks, starting with Energy Recovery (NASDAQERII).
Water technology company Xylem (NYSEXYL) missed Wall Street’s revenue expectations in Q3 CY2024 as sales only rose 1.3% year on year to $2.10 billion. The company’s full-year revenue guidance of $8.5 billion at the midpoint also came in slightly below analysts’ estimates. Its non-GAAP profit of $1.11 per share wasin line with analysts’ consensus estimates.
