Xylem (XYL) Tops Q3 EPS by 4c, Reduces FY Guidance

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Xylem Reports Third Quarter 2021 Results

November 2, 2021 6:55 AM EDT

Orders growth of 22% on a reported basis, 20% organically, from strong underlying demand across segments Revenue growth 4% on a reported basis, 2% organically Net income as a percentage of revenue of 9.0%, up 600 basis points; adjusted EBITDA margin of 17.9%, down 30 basis points Reported net income of $114 million or $0.63 per share; adjusted net income of $116 million or $0.63 per share Lowers full-year organic revenue and earnings per share guidance to ranges of 3% to 4%, and $2.40 to $2.50, respectively

RYE BROOK, N.Y.--(BUSINESS WIRE)-- Xylem Inc. (NYSE:... More