Watts Water Technologies (WTS) Tops Q3 EPS by 4c

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Go back to Watts Water Technologies (WTS) Tops Q3 EPS by 4c

Watts Water Technologies Reports Record Third Quarter 2018 Results

November 2, 2018 4:20 PM EDT

Reported sales of $391 million, up 7% Organic sales growth +8%, foreign exchange (1%) GAAP operating margin of 12.0%, down 10 bps; adjusted operating margin of 12.9%, up 30 bps GAAP EPS of $0.92, up 19%; adjusted EPS of $0.99, up 24% Raising second half 2018 organic growth outlook

NORTH ANDOVER, Mass.--(BUSINESS WIRE)-- Watts Water Technologies, Inc. (NYSE: WTS) today announced third quarter 2018 results.

Remarking on operating results, Chief Executive Officer,... More