secwatch.observer — SEC 8-K summary
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Issuer:     WATTS WATER TECHNOLOGIES INC (WTS)
CIK:        0000795403
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001558370-22-016022
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Watts Water Q3 record sales $487.8M, adj. EPS $1.79, raises FY2022 outlook
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- Sales $487.8M (+7% reported, +12% organic); GAAP net income $58.7M (+27%).
- GAAP diluted EPS $1.75 (+28%); adjusted EPS $1.79 (+29%).
- GAAP operating margin 16.5% (+230 bps); adjusted operating margin 16.8% (+240 bps).
- Full-year 2022 outlook raised: organic revenue growth 11-12%; adj. operating margin expansion 190-210 bps.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/795403/000155837022016022/0001558370-22-016022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/795403/000155837022016022/wts-20221102x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-016022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer