Xylem Inc. (NYSE:XYL) is reporting third quarter financial results on Thursday 29th October 2020, before market open.
According to analysts surveyed by Thomson Reuters, XYL is expected to report 3Q20 income of $ 0.51 per share from revenue of $ 1161.14 million.
For the full year, analysts anticipate top line of $ 4736.46 million, while looking forward to income of $ 1.85 per share bottom line.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 1,115.00 million ~ $ 1,166.00 million
Full Year 2020 bottomline are predicted in a range of $ 2.96 ~ $ 3.16 per share
Click Here For More Historical Outlooks Of Xylem Inc.
Previous Quarter Performance
Xylem Inc. disclosed income for the second quarter of $ 0.40 per share, from the revenue of $ 1,160.00 million. The quarterly earnings shrunk 49.37 percent while revenues fell 13.75 percent compared with the same quarter last year.
Wall street analysts are predicting, XYL to report 2Q20 income of $ 0.39 per share from revenue of $ 1103.98 million. The bottom line results beat street analysts by $ 0.01 or 2.56 percent, at the same time, top line results outshined analysts by $ 56.02 million or 5.07 percent.
Stock Performance
Shares of Xylem Inc. traded low $ -1.71 or -1.92 percent on Wednesday, reaching $ 87.35 with volume of 912.80 thousand shares. Xylem Inc. has traded high as $ 88.49 and has cracked $ 86.86 on the downward trend
According to the previous trading day, closing price of $ 87.35, representing a 63.05 % increase from the 52 week low of $ 54.62 and a 4.39 % decrease over the 52 week high of $ 93.15.
The company has a market capital of $ 15.72 billion and is part of the Industrials sector and Diversified Industrials industry.
Recent Stock Dividend Announcement
On August 13, 2020, the board of directors authorized quarterly dividend of $ 0.26 per share to holders of record as of the close of business on August 27, 2020, with payment date of September 24, 2020 and ex-dividend date on August 26, 2020.
Conference Call
Xylem Inc. will be hosting a conference call at 10:00 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.xylem.com
Xylem Inc. engages in the design, manufacture, and servicing of engineered products and solutions for the water and wastewater applications. It operates in three segments: Water Infrastructure, Applied Water, and Measurement & Control Solutions.
