Xylem: Q3 adjusted EPS of $1.44 misses analyst estimates of $1.47
FROM THE WIRE · FINANCE.YAHOO.COM
WASHINGTON (AP) — WASHINGTON (AP) — Xylem Inc. (XYL) on Tuesday reported third-quarter net income of $291 million. On a per-share basis, the Washington-based company said it had profit of $1.25. Earnings, adjusted for non-recurring costs, came to $1.44 per share. The results…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA miss on quarterly earnings at a mid-cap company can weigh on its share price.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Xylem reported third-quarter net income of $291 million.
- 02Adjusted earnings per share were $1.44, versus an average estimate of $1.47.
- 03Revenue was $2.2 billion, below forecasts of $2.28 billion.
- 04The company expects full-year earnings of $5.40 to $5.45 per share.
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