Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Xylem (XYL), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
Xylem (XYL) 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.
Xylem (XYL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Strength in the M&CS segment poises XYL well for growth. The company's measures to reward its shareholders are promising.
Xylem has seen a 45% share price increase since November 2023, supported by strong financial results and the smooth integration of Evoqua Water Technologies. Despite strong Q2 results and raised guidance, headwinds include a decline in orders from China due to infrastructure project delays and demand softness in the US and Europe. High valuation ratios, including EV/EBITDA and price to sales are above the sector median, indicating that Xylem may be overvalued, and contributing to a 10% share price decline since May.
It's been a strong year so far for water technology stocks, but one analyst doubts it can continue. Xylem has traditionally traded at a premium to reflect the growth potential in its smart water solutions, and a lower interest rate environment could boost sales.
Xylem (XYL) reported earnings 30 days ago. What's next for the stock?
Xylem (XYL) is set to benefit from strength in the M&CS and Water Infrastructure segments. However, weakness in the Applied Water segment remains a concern.
The water infrastructure specialist couldn't live up to the stock's high valuation.
Xylem's (XYL) second-quarter 2024 organic revenues increase 9% year over year, driven by the impressive performances of its segments.
Xylem Inc. (NYSE:XYL ) Q2 2024 Earnings Conference Call July 30, 2024 9:00 AM ET Company Participants Andrea van der Berg - Vice President, Investor Relations Matthew Pine - Chief Executive Officer Bill Grogan - Chief Financial Officer Conference Call Participants Deane Dray - RBC Capital Markets Mike Halloran - Robert W. Baird Scott Davis - Melius Research Nathan Jones - Stifel Nicolaus Joseph Giordano - TD Cowen Andrew Kaplowitz - Citigroup Bryan Blair - Oppenheimer Operator Good day, everyone, and welcome to the Xylem's Second Quarter 2024 Results Conference Call.
Although the revenue and EPS for Xylem (XYL) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.