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Xylem (XYL) Beats on Q3 2017 Earnings and Revenue Estimates
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Rye Brook, New York-based Xylem Inc. (XYL - Free Report) is a prominent diversified machinery firm, conducting trade in the industrial goods sector. The company manufactures and designs specialized engineered technologies for the wastewater and water purposes. XYL shares high brand value in the market but is also exposed to certain risks of external market uncertainties. For the last four trailing quarters Xylem has a track record of generating a positive average beat of 0.45%.
We have highlighted some of the key details from the just-released announcement below:
Earnings: Adjusted Earnings came in at 65 cents per share, a penny higher than the Zacks Consensus Estimate of 64 cents.
Revenue: Revenues of $1,195 million came above the Zacks Consensus Estimate of $1,175 million.
Key Stats: XYL currently anticipates to generate revenues of $4.70 billion for fiscal 2017 (estimating a year over year upside of 24-25%).Notably, organic revenue growth for full-year is anticipated to lie within 3-4%. Adjusted earnings for fiscal 2017 is anticipated to lie within $2.39-$2.41 per share, higher than the previously estimated range of $2.30-$2.40 per share.
Stock Price: As of Oct 30, 2017, XYL’s closed the trading session at $64.64 per share.
Shares price did not show any movement in the pre-market trading session.
Check back later for our full write up on this XYL earnings report later!
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
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Xylem (XYL) Beats on Q3 2017 Earnings and Revenue Estimates
Rye Brook, New York-based Xylem Inc. (XYL - Free Report) is a prominent diversified machinery firm, conducting trade in the industrial goods sector. The company manufactures and designs specialized engineered technologies for the wastewater and water purposes. XYL shares high brand value in the market but is also exposed to certain risks of external market uncertainties. For the last four trailing quarters Xylem has a track record of generating a positive average beat of 0.45%.
Currently, XYL has a Zacks Rank #2 (Buy) but that could change following its third-quarter 2017 earnings report which has just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key details from the just-released announcement below:
Earnings: Adjusted Earnings came in at 65 cents per share, a penny higher than the Zacks Consensus Estimate of 64 cents.
Revenue: Revenues of $1,195 million came above the Zacks Consensus Estimate of $1,175 million.
Key Stats: XYL currently anticipates to generate revenues of $4.70 billion for fiscal 2017 (estimating a year over year upside of 24-25%).Notably, organic revenue growth for full-year is anticipated to lie within 3-4%. Adjusted earnings for fiscal 2017 is anticipated to lie within $2.39-$2.41 per share, higher than the previously estimated range of $2.30-$2.40 per share.
Stock Price: As of Oct 30, 2017, XYL’s closed the trading session at $64.64 per share.
Xylem Inc. Price
Xylem Inc. Price | Xylem Inc. Quote
Shares price did not show any movement in the pre-market trading session.
Check back later for our full write up on this XYL earnings report later!
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Click for details >>