Watts Water Technologies (WTS) Tops Q2 EPS by 48c

Go back to Watts Water Technologies (WTS) Tops Q2 EPS by 48c

Watts Water Technologies Reports Record Second Quarter 2022 Results

August 3, 2022 4:35 PM EDT

Reported sales of $527 million increased 13%; organic sales increased 16% GAAP operating margin of 18.2%, up 690 bps; adjusted operating margin of 18.5%, up 360 bps GAAP EPS of $2.07, up 86% and adjusted EPS of $2.11, up 43% Increased adjusted full-year 2022 outlook

*Performance relative to comparable second quarter in 2021.

NORTH ANDOVER, Mass.--(BUSINESS WIRE)-- Watts Water Technologies, Inc. (NYSE: WTS) today announced results for the second quarter of 2022.

Chief Executive Officer Robert J. Pagano Jr. commented, We delivered another record quarter with both sales and... More