Xylem: Fourth Quarter Earnings Overview
Xylem Inc. Announces Fourth-Quarter Financial Results
Xylem Inc., headquartered in Washington, revealed a net income of $335 million for the fourth quarter.
The company reported earnings of $1.37 per share, while adjusted earnings—excluding one-time expenses—stood at $1.42 per share.
These adjusted earnings matched the consensus forecast from nine analysts polled by Zacks Investment Research.
During the quarter, Xylem generated $2.4 billion in revenue, surpassing analyst expectations, which averaged $2.38 billion according to Zacks.
For the entire fiscal year, Xylem recorded a total profit of $957 million, or $3.92 per share, with annual revenue reaching $9.04 billion.
Looking ahead, the company projects its full-year earnings to fall between $5.35 and $5.60 per share, and anticipates revenue in the range of $9.1 billion to $9.2 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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