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 1.74%.
Currently, XYL has a Zacks Rank #4 (Sell) but that could change following its fourth-quarter 2016 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 28 cents per share, lower than the Zacks Consensus Estimate of 65 cents.
Revenue: Revenues of $1,095 million came below the Zacks Consensus Estimate of $1,152 million.
Key Stats: XYL perceives that new investments made in 2016 as well as balance cost structure would boost its revenue and profitability in 2017. For whole-year 2017, the company anticipates to generate revenues within the range of $4.5 to $4.6 billion. While expects organic revenue growth within 1 to 3% for the whole year. The company expects to accrue earnings within the range of $2.20 to $2.35 per share for full-year 2017.
Notably, XYL declared that it has successfully completed Sensus acquisition on Oct 31, 2016.
Stock Price: As of Feb 1, 2017, XYL’s closed the trading session at $49.15 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!
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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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 1.74%.
Currently, XYL has a Zacks Rank #4 (Sell) but that could change following its fourth-quarter 2016 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 28 cents per share, lower than the Zacks Consensus Estimate of 65 cents.
Revenue: Revenues of $1,095 million came below the Zacks Consensus Estimate of $1,152 million.
Key Stats: XYL perceives that new investments made in 2016 as well as balance cost structure would boost its revenue and profitability in 2017. For whole-year 2017, the company anticipates to generate revenues within the range of $4.5 to $4.6 billion. While expects organic revenue growth within 1 to 3% for the whole year. The company expects to accrue earnings within the range of $2.20 to $2.35 per share for full-year 2017.
Notably, XYL declared that it has successfully completed Sensus acquisition on Oct 31, 2016.
Stock Price: As of Feb 1, 2017, XYL’s closed the trading session at $49.15 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!
Zacks’ Best Private Investment Ideas
While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.
Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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