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UPDATE: Rosenblatt Upgrades Xylem (XYL) to Buy; Co. Proves Resiliency

Go back to UPDATE: Rosenblatt Upgrades Xylem (XYL) to Buy; Co. Proves Resiliency

Xylem updates second quarter results, announces major contract wins

July 14, 2020 6:55 AM EDT

Solid performance in context of COVID-19 market challenges Healthy longer-term commercial momentum with large, signature project wins Company to report second quarter earnings July 30, 2020

RYE BROOK, N.Y.--(BUSINESS WIRE)-- Global water technology company, Xylem Inc. (NYSE: XYL), today announced that for the quarter ended June 30, 2020, it expects revenue declines of approximately -14 percent on a reported basis, and -12 percent organically, versus previous guidance of -20 to -30 percent.

Xylem expects second quarter EPS in the range of $0.15 to $0.17 on a... More