Xylem Q3 Adjusted Earnings, Revenue Climb; 2024 EPS Outlook Narrowed

MT Newswires Live

2024-10-31

Xylem (XYL) reported Q3 adjusted earnings Thursday of $1.11 per diluted share, up from $0.99 a year earlier.

Analysts surveyed by Capital IQ expected $1.11.

Revenue for the quarter ended Sept. 30 was $2.10 billion, up from $2.08 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.17 billion.

The water technology company narrowed its 2024 EPS guidance and now expects adjusted EPS of $4.22 to $4.24 compared with a previous guidance of $4.18 to $4.28. Xylem also said it now expects full-year revenue of $8.5 billion, down from previous guidance of $8.55 billion.

Analysts surveyed by Capital IQ expect adjusted EPS of $4.26 on revenue of $8.58 billion.

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