Xylem (XYL) Reports In-Line Q4 EPS, Offers Guidance, Raises Dividend

Xylem (NYSE: XYL) reported Q4 EPS of $0.60, in-line with the analyst estimate of $0.60. Revenue for the quarter came in at $994 million versus the consensus estimate of $996.94 million.

GUIDANCE:

Xylem sees Q1 2016 EPS of $1.95-$2.05, versus the consensus of $2.01. Xylem sees Q1 2016 revenue of $3.7 billion, versus the consensus of $3.77 billion.

Xylem announced that its Board of Directors declared a dividend in the amount of $0.1549 per share, an increase of 10 percent. The dividend is payable on March 16, 2016 to shareholders of record as of February 18, 2016.

Xylem today also announced the acquisition of Tideland, a leading producer of analytics solutions in the coastal and ocean management sectors. Based in Texas, the business also has key locations in the Netherlands, United Kingdom and Singapore, and provides marine navigation and environmental monitoring systems and products to a variety of ports and harbors, offshore energy companies, and coastal and marine authorities.

For earnings history and earnings-related data on Xylem (XYL) click here.

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