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

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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