Xylem: Q3 Earnings Snapshot
By AP News
Published - Oct 31, 2024, 07:03 AM ET
Last Updated - Dec 16, 2024, 05:48 PM EST
WASHINGTON (AP) — WASHINGTON (AP) — Xylem Inc. (XYL) on Thursday reported third-quarter net income of $217 million.
On a per-share basis, the Washington-based company said it had net income of 89 cents. Earnings, adjusted for non-recurring costs, were $1.11 per share.
The results met Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of $1.11 per share.
The water and wastewater treatment company posted revenue of $2.1 billion in the period, which missed Street forecasts. Six analysts surveyed by Zacks expected $2.18 billion.
