Xylem Inc. reports solid first quarter earnings

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Wedbush Raises Price Target on Xylem (XYL) to $43 Following 1Q Beat

May 4, 2016 8:16 AM EDT

Wedbush reiterated a Neutral rating on Xylem (NYSE: XYL), and raised the price target to $43.00 (from $41.00), following the company's 1Q earnings report. Adjusted EPS was $0.35 vs. consensus estimates of $0.34. The upside was attributable to slightly better revenues and adjusted operating margins, largely in Water... More

Xylem (XYL) Tops Q1 EPS by 1c

May 3, 2016 6:57 AM EDT

Xylem (NYSE: XYL) reported Q1 EPS of $0.35, $0.01 better than the analyst estimate of $0.34. Revenue for the quarter came in at $847 million versus the consensus estimate of $832.92 million.

GUIDANCE:

Xylem sees FY2016 EPS of $1.98-$2.08, versus the consensus of $2.02.

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

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