Xylem reports fourth quarter and full-year 2020 earnings
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Xylem (XYL) Tops Q4 EPS by 13c, Revenues Beat; Offers FY21 EPS Guidance Below Consensus, FY21 Revenue Outlook Above Consensus
February 4, 2021 6:59 AM ESTXylem (NYSE: XYL) reported Q4 EPS of $0.81, $0.13 better than the analyst estimate of $0.68. Revenue for the quarter came in at $1.37 billion versus the consensus estimate of $1.29 billion.
Operational performance exceeds expectations on top and bottom line; quarter sequential gains across all segments and end marketsFourth quarter and full-year revenue of $1.37 billion and $4.88 billion, respectivelyFourth quarter 2020 reported net income of $148 million or $0.82 per share; adjusted net income of $145 million or $0.81 per shareFull-year 2020 reported net income of $254 million or $1.40 per share; adjusted full-year net income of $374 million or $2.06 per shareStrong... More