Xylem raises annual profit forecasts on strong demand for water treatment equipment

Reuters
2025/10/28
Xylem raises annual profit forecasts on strong demand for water treatment equipment

Oct 28 (Reuters) - Xylem XYL.N on Tuesday raised its annual sales and profit forecasts, banking on resilient demand for its water treatment equipment, while also beating Wall Street estimates for third-quarter results.

Shares of the company rose 2.7% in premarket trading.

"The team delivered another strong quarter, exceeding expectations with disciplined execution on continuing commercial momentum," CEO Matthew Pine said in a statement.

Xylem now expects adjusted earnings per share for 2025 to range between $5.03 to $5.08, up from its prior forecast of between $4.70 and $4.85.

The company forecast 2025 sales of $9 billion, compared to its previous view of between $8.90 billion and $9 billion.

Analysts, on average, had expected earnings of $4.84 per share and sales of $8.95 billion, according to LSEG-compiled data.

Sales from Xylem's water infrastructure unit, which sells products like water and wastewater pumps, was $656 million in the reported quarter, exceeding analysts' expectations of $644.4 million.

Its applied water unit, which sells pumps, valves and other equipment, recorded sales of $456 million, below expectations of $462.68 million.

On an adjusted basis, Xylem earned $1.37 per share for the quarter ended September 30, while analysts on average expected the company to earn $1.23 per share.

The company reported quarterly revenue of $2.27 billion, compared with analysts' estimates of $2.22 billion.

(Reporting by Padmanabhan Ananthan in Bengaluru; Editing by Shailesh Kuber)

((Padmanabhan.Ananthan@thomsonreuters.com;))

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10