Watts Water Technologies (WTS) Tops Q2 EPS by 4c

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Go back to Watts Water Technologies (WTS) Tops Q2 EPS by 4c

Watts Water Technologies Reports Second Quarter Results

August 2, 2017 5:00 PM EDT

Reported sales of $379 million, up 2% year-over-year driven by PVI acquisition; organic sales flat GAAP EPS of $0.79, down 5%; adjusted EPS of $0.83, up 11% GAAP operating margin of 11.8%, down 50 bps year-over-year; adjusted operating margin of 12.5%, up 60 bps year-over-year Reaffirming full year 2017 outlook

NORTH ANDOVER, Mass.--(BUSINESS WIRE)-- Watts Water Technologies, Inc. (NYSE: WTS) today announced second quarter 2017 results. Sales of $379 million increased 2% compared to the same period in 2016. Second... More