Watts Water Technologies, Inc. WTS posted better-than-expected fourth-quarter financial results after the closing bell on Monday.
Watts Water Technologies, Inc. (NYSE:WTS ) Q4 2024 Earnings Conference Call February 11, 2025 9:00 AM ET Company Participants Diane McClintock - SVP, FP&A and IR Robert Pagano - President and CEO Shashank Patel - CFO Conference Call Participants Andrew Krill - Deutsche Bank AG Nathan Jones - Stifel Bryan Blair - Oppenheimer Michael Halloran - Baird David Tarantino - KeyBanc Capital Markets Zain Khan - TD Cowen Nick Cash - Goldman Sachs Operator Welcome to Watts Water Technologies Incorporated Fourth Quarter and Full Year 2024 Earnings Call. At the end of the presentation, we will open the live for questions.
Watts Water Technologies (WTS 10.53%) stock was up by 10.4% as of 11:45 a.m. ET Tuesday after the company delivered top- and bottom-line beats after the close of trading Monday.
WTS reports better-than-expected fourth-quarter 2024 results. However, revenues decline year over year mainly due to fewer shipping days.
Although the revenue and EPS for Watts Water (WTS) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Watts Water (WTS) came out with quarterly earnings of $2.05 per share, beating the Zacks Consensus Estimate of $1.91 per share. This compares to earnings of $1.97 per share a year ago.
Besides Wall Street's top -and-bottom-line estimates for Watts Water (WTS), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
Watts Water (WTS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Watts Water (WTS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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