Watts Water Technologies (WTS) Tops Q1 EPS by 18c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/26/2026

1. RNG
2. DECK
3. WDC
4. BMY
5. BYD
6. SPOT
7. WCN
8. TSCO
9. BE
10. IVBIY

Go back to Watts Water Technologies (WTS) Tops Q1 EPS by 18c

Watts Water Technologies Reports Solid First Quarter Results Driven by Strong Operating Performance

May 4, 2016 4:31 PM EDT

Sales totaled $344 million, down 3.4% year-over-year due to the 2015 exit of non-core product Organic sales up 6% driven by growth across all regions and additional shipping days Adjusted operating margin expanded 260 bps to 10.8% (GAAP margin of 9.1%) due to stronger volume, favorable product mix and productivity, including incremental restructuring savings Adjusted EPS of $0.57 and GAAP EPS of $0.47, up 27% and 42%, respectively Maintaining full year outlook

NORTH ANDOVER, Mass.--(BUSINESS WIRE)-- Watts Water Technologies,... More