Watts Water Technologies (WTS) Tops Q3 EPS by 22c
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Watts Water Technologies Reports Record Third Quarter 2022 Results
November 2, 2022 4:30 PM EDTReported sales of $488 million increased 7%; increased 12% on an organic basis GAAP operating margin of 16.5%, up 230 bps; adjusted operating margin of 16.8%, up 240 bps GAAP EPS of $1.75, up 28%; adjusted EPS of $1.79, up 29% Increased full-year 2022 outlook
*Performance relative to third quarter in 2021.
NORTH ANDOVER, Mass.--(BUSINESS WIRE)-- Watts Water Technologies, Inc. (NYSE: WTS) one of the worlds leading manufacturers and providers of plumbing, heating and water quality products and solutions today announced results for the third quarter of 2022.
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