earnings
confidence high
sentiment positive
materiality 0.70
Zurn Elkay Q1 net sales $389M (+5% core); adjusted EPS $0.31 vs $0.29; affirms FY guidance
Zurn Elkay Water Solutions Corp
2025-Q1 EPS reported
$0.26
revenue$388,800,000
- Net sales $388.8M, +4% YoY (+5% core); FX reduced sales by 1%; volume-driven growth across all categories.
- Net income from cont. ops $41M ($0.24 diluted EPS) vs $34M ($0.19) in prior-year quarter.
- Adjusted EBITDA $98M (25.2% margin), up 110 bps YoY; adjusted EPS $0.31 vs $0.29.
- Repurchased $77M of stock (2.3M shares); net debt leverage 0.9x; paid $15M in dividends.
- Q2 outlook: core sales low-to-mid single-digit growth; adj. EBITDA margin 25.5%-26.0%; full-year guidance reaffirmed.