NYSE:WTS - New York Stock Exchange, Inc. - US9427491025 - Common Stock - Currency: USD
A fundamental analysis of (NYSE:WTS): Should you consider WATTS WATER TECHNOLOGIES-A (NYSE:WTS) for quality investing?
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how water infrastructure stocks fared in Q4, starting with Xylem (NYSE:XYL).
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. Still, their generally high capital requirements expose them to the ups and downs of economic cycles, and the market seems confused about where we could go next. This uncertainty has led to a flat return for the industry over the past six months while the S&P 500 was up 6.4%.
Shares of water management manufacturer Watts Water (NYSE:WTS) jumped 10.2% in the morning session after the company reported strong fourth-quarter results that exceeded analysts' EPS expectations, with organic revenue slightly surpassing Wall Street's estimates. Margin expansion contributed to the earnings beat as improved pricing and productivity offset volume declines, inflation, and acquisition-related costs. The improved margins likely reassured investors, easing concerns over weak top-lin
Water management manufacturer Watts Water (NYSE:WTS) reported Q4 CY2024 results exceeding the market’s revenue expectations, but sales fell by 1.3% year on year to $540.4 million. Its non-GAAP profit of $2.05 per share was 7.3% above analysts’ consensus estimates.
Water management manufacturer Watts Water (NYSE:WTS) will be reporting results tomorrow after the bell. Here’s what to look for.