secwatch.observer — SEC 8-K summary
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Issuer:     Zurn Elkay Water Solutions Corp (ZWS)
CIK:        0001439288
Form:       8-K
Filed at:   2021-10-26T23:59:59+00:00
Accession:  0001439288-21-000224
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zurn Water Solutions completes PMC spin-off; Q3 consolidated net sales $557M, Adj. EPS $0.55
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- Completed spin-off of Process & Motion Control business on Oct 4, 2021; now a pure-play water company.
- Consolidated net sales $557M (+13% YoY); net income $64M (diluted EPS $0.51).
- Consolidated Adj. EBITDA $128M (23.0% of sales) vs $109M (22.0%) prior year.
- Water Management segment net sales $229.7M (+15% YoY); Adj. EBITDA $60.9M (26.5% of sales).
- Q4 outlook: Zurn total sales high-teens YoY increase; Adj. EBITDA margin 24%-24.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1439288/000143928821000224/0001439288-21-000224-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1439288/000143928821000224/rxn-20211026.htm
  HTML page:      https://secwatch.observer/filing/0001439288-21-000224

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