Xylem Reports First Quarter 2020 Results
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Xylem (XYL) Misses Q1 EPS by 14c, Revenues Miss
May 5, 2020 6:57 AM EDTXylem (NYSE: XYL) reported Q1 EPS of $0.23, $0.14 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $1.12 billion versus the consensus estimate of $1.15 billion.
Reported net income of $38 million or $0.21 per share; adjusted net income of $42 million or $0.23 per shareOrganic revenue declined 8% in the first quarter, impacted by COVID-19; declined 9% on a reported basisMaintaining strong balance sheet, ~$1.7 billion of available liquidityFrom... More
