earnings
confidence high
sentiment positive
materiality 0.75
Xylem Q3 revenue $1.4B, adj EPS $0.79; raises FY2022 revenue and EPS guidance
Xylem Inc.
2022-Q3 EPS reported
$1.14
revenue$4,016,000,000
- Q3 revenue $1.4B, +9% reported, +16% organic; net income $12M/$0.07 GAAP EPS due to pension settlement.
- Adjusted EPS $0.79; adjusted EBITDA margin 18.3%, +40 bps YoY on strong price realization and productivity.
- FY2022 organic revenue guidance raised to 9-10% (from 8-10%); adjusted EPS raised to $2.65-$2.75 (from $2.50-$2.70).
- Water Infrastructure revenue $574M (+13% organic); Applied Water $458M (+20% organic); M&C Solutions $348M (+15% organic).
- Orders down 7% reported, 1% organic due to currency; backlog growth remains strong across end markets.