Watts Water Technologies (WTS) Tops Q3 EPS by 18c, Revenues Beat

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/26/2026

1. ORCL
2. SPY
3. FLG
4. GMAB
5. ACCV
6. QQQ
7. TSLA
8. SPCX
9. XNCR
10. AZN

Go back to Watts Water Technologies (WTS) Tops Q3 EPS by 18c, Revenues Beat

Watts Water Technologies Reports Third Quarter 2020 Results

November 4, 2020 4:05 PM EST

Reported sales of $384 million, down 3% on reported basis; down 5% on organic basis GAAP operating margin of 12.5%, up 10 bps; adjusted operating margin of 13.8%, up 50 bps GAAP and adjusted EPS of $0.97 and $1.05, representing increases of 3% and 1%, respectively Recorded $3.4 million of restructuring and other related costs Generated operating cash flow of $127 million and free cash flow of $95 million year-to-date, approximately 34% and 25% increase, respectively, over same period last year

Note: Current quarter performance relative to comparable third quarter in 2019

NORTH ANDOVER, Mass.--(BUSINESS WIRE)-- Watts... More