Watts Water Technologies (WTS) posted Q4 adjusted earnings late Monday of $2.05 per diluted share, up from $1.97 a year ago.
Analysts polled by FactSet expected $1.91.
Net sales in the quarter ended Dec. 31 fell to $540.4 million from $547.5 million a year earlier.
Analysts surveyed by FactSet expected $537 million.