Xylem Reports Third Quarter 2020 Results
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Xylem (XYL) Tops Q3 EPS by 11c, Revenues Beat
October 29, 2020 6:57 AM EDTXylem (NYSE: XYL) reported Q3 EPS of $0.62, $0.11 better than the analyst estimate of $0.51. Revenue for the quarter came in at $1.22 billion versus the consensus estimate of $1.16 billion.
Reported net income of $37 million or $0.20 per share; adjusted net income of $114 million or $0.62 per shareRevenue declined 6% on a reported basis, and 7% organically, impacted by COVID-19Strong operating margin performance of 6% and 13% on a reported and adjusted basis,... More