Xylem (XYL) PT Raised to $132 at Deutsche Bank, 'Checking All the Boxes'

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Go back to Xylem (XYL) PT Raised to $132 at Deutsche Bank, 'Checking All the Boxes'

Xylem beats quarterly estimates on strength in water infrastructure unit

February 6, 2024 8:18 AM EST

(Reuters) - Xylem on Tuesday reported better-than-expected profit and revenue for the fourth quarter and forecast full-year adjusted earnings largely above estimates, driven by strong growth in its water infrastructure segment.

Xylem, which provides water and waste-water treatment services, said its revenue came in at $2.12 billion for the... More

Xylem (XYL) Tops Q4 EPS by 3c ; Offers Guidance

February 6, 2024 6:56 AM EST

Xylem (NYSE: XYL) reported Q4 EPS of $0.99, $0.03 better than the analyst estimate of $0.96. Revenue for the quarter came in at $2.1 billion versus the consensus estimate of $2.05 billion.

GUIDANCE:

Xylem sees FY2024 revenue of $8.4-8.5 billion, versus the consensus of $8.42... More