ZWS - Zurn Water Solutions Non-GAAP EPS of $0.32 beats by $0.03 revenue of $284.2M beats by $5.6M

• Zurn Water Solutions press release ( NYSE: ZWS ): Q2 Non-GAAP EPS of $0.32 beats by $0.03 .
• Revenue of $284.2M (+16.6% Y/Y) beats by $5.6M .
• Third Quarter Outlook: “For the third quarter of 2022 we expect Zurn sales to increase by a high-teens percentage over the prior year third quarter and for Elkay sales to be between $145 and $155 million in the quarter. We anticipate the consolidated Zurn Elkay Adjusted EBITDA margin, excluding corporate costs, to range between 21.0% and 22.0% and for our corporate expenses to approximate $7 million. The consolidated Adjusted EBITDA margin outlook anticipates at least 100 bps of margin expansion from the Zurn Elkay proforma combined Adjusted EBITDA margin in the prior year third quarter." said Todd A. Adams, Chairman and Chief Executive Officer.

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