earnings
confidence high
sentiment positive
materiality 0.75
Xylem Q3 revenue $2.1B (+50% reported, +10% organic); raises FY guidance
Xylem Inc.
2023-Q3 EPS reported
$1.63
revenue$5,246,000,000
- Revenue $2.1B, up 50% reported, 10% organic; orders up 43% reported, 3% organic.
- EPS $0.63 (up 800% YoY); adjusted EPS $0.99 (up 14% YoY).
- Raises FY23 revenue guidance to ~$7.3B (+32% reported, +11% organic) and adj. EPS to $3.71–$3.73.
- Adjusted EBITDA margin expanded 150 bps to 19.8%; all segments exceeded expectations.
- Evoqua integration on track; backlog grew 5% organic to $5.2B including $1.3B from Evoqua.