Watts Water Technologies (WTS) Tops Q2 EPS by 13c; maintains outlook

Watts Water Technologies (NYSE: WTS) reported Q2 EPS of $2.46, $0.13 better than the analyst estimate of $2.33. Revenue for the quarter came in at $597 million versus the consensus estimate of $589.55 million.

OUTLOOK

Full Year 2024 Outlook

The Company is maintaining its previous full year outlook. We expect reported sales to increase +7% to +12% and organic sales to range from -4% to +1%. Full year adjusted operating margin is expected to be between 17.1% and 17.7%, or down 70 basis points to 10 basis points.

For earnings history and earnings-related data on Watts Water Technologies (WTS) click here.

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