XYL - Xylem Analysts Cut Their Forecasts After Upbeat Earnings | Benzinga
Xylem Inc. (NYSE:XYL) reported better-than-expected first-quarter financial results and raised its 2024 guidance on Thursday.
Xylem posted adjusted earnings of 90 cents per share, beating market estimates of 84 cents per share. The company's quarterly sales came in at $2.033 billion versus expectations of $1.997 billion, according to data from Benzinga Pro.
The company said it now sees 2024 adjusted earnings of $4.10 to $4.25 per share, versus prior forecast of $4.00 to $4.20 per share. ...