Watts Water Technologies Reports Second Quarter Results for 2015, Announces Sale of Certain Non-Core Product Lines and Announces $100 Million Share Repurchase Program

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Go back to Watts Water Technologies Reports Second Quarter Results for 2015, Announces Sale of Certain Non-Core Product Lines and Announces $100 Million Share Repurchase Program

Watts Water Technologies (WTS) Tops Q2 EPS by 6c, Announces $100 Buyback

July 29, 2015 4:54 PM EDT

Watts Water Technologies (NYSE: WTS) reported Q2 EPS of $0.69, $0.06 better than the analyst estimate of $0.63. Revenue for the quarter came in at $386.9 million versus the consensus estimate of $383.07 million.

Signed definitive agreement to sell certain Americas non-core product lines for approximately $35.5MAnnounced $100 million... More