Watts Water Technologies (WTS) Tops Q3 EPS by 22c

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Go back to Watts Water Technologies (WTS) Tops Q3 EPS by 22c

Watts Water Technologies Reports Record Third Quarter 2022 Results

November 2, 2022 4:30 PM EDT

Reported 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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