earnings
confidence high
sentiment positive
materiality 0.75
Xylem Q2 revenue $1.4B, EPS $0.62 (adj $0.66); raises FY organic revenue guidance to 8-10%
Xylem Inc.
2021-Q2 EPS reported
$1.07
revenue$2,636,000,000
- Revenue $1.4B, +1% reported (+6% organic); net income $112M ($0.62 EPS); adj EPS $0.66.
- Water Infrastructure rev $589M (+9% organic); Applied Water $429M (+7% organic); M&C Solutions $346M (-2% organic).
- Adj EBITDA margin 16.6% (down 70bps YoY); FY adj EBITDA margin guidance raised to 16.5-17.0%.
- Raising FY organic revenue growth guidance to 8-10% (from 4-6%); adj EPS guidance to $2.50-$2.70 (from $2.40-$2.70).
- Chip shortages and inflation pressured margins; price realization and productivity partially offset.