BUZZ-Xylem up after upbeat Q4 results

Reuters
05 Feb
BUZZ-Xylem up after upbeat Q4 results

** 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

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com;))

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