Watts Water (WTS) Q1 Earnings Beat Estimates, Revenues Up Y/Y

Published on 9 May 2024 on Zacks via Yahoo Finance

Watts Water (WTS) Q1 Earnings Beat Estimates, Revenues Up Y/Y

Watts Water Technologies, Inc WTS reported first-quarter 2024 adjusted earnings per share (EPS) of $2.33, which increased 21% on a year-over-year basis and beat the Zacks Consensus Estimate by 10.4%.

The company’s quarterly net sales rose 21% year over year to $570.9 million. The top line surpassed the Zacks Consensus Estimate by 3.5%. Organic sales were up 6% year over year.

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Watts Water (WTS) Q1 Earnings Beat Estimates, Revenues Up Y/Y

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