Xylem: Q2 Earnings Snapshot
By AP News
Published - Jul 30, 2024, 08:41 AM ET
Last Updated - Jul 30, 2024, 08:41 AM EDT
WASHINGTON (AP) — WASHINGTON (AP) — Xylem Inc. (XYL) on Tuesday reported second-quarter net income of $194 million.
The Washington-based company said it had net income of 80 cents per share. Earnings, adjusted for non-recurring costs, came to $1.09 per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share.
The water and wastewater treatment company posted revenue of $2.17 billion in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $2.16 billion.
