Watts Water Technologies (WTS) Tops Q1 EPS by 24c, Revenues Beat
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Watts Water Technologies Reports First Quarter 2021 Results
May 4, 2021 4:17 PM EDTReported sales of $413 million increased 8%; organic sales increased 4% GAAP operating margin of 14.4% and adjusted operating margin of 14.5%; both up 190 bps GAAP EPS of $1.23 and adjusted EPS of $1.24; both up 31% Amended and extended existing credit facility in the second quarter; enhanced financial flexibility Increasing 2021 full year outlook Â
*Performance relative to comparable first quarter in 2020
NORTH ANDOVER, Mass.--(BUSINESS WIRE)-- Watts Water... More
