Skip to main content

Xylem: Q4 Earnings Snapshot

WASHINGTON (AP) — WASHINGTON (AP) — Xylem Inc. (XYL) on Tuesday reported fourth-quarter earnings of $335 million.

The Washington-based company said it had profit of $1.37 per share. Earnings, adjusted for non-recurring costs, came to $1.42 per share.

The results met Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was also for earnings of $1.42 per share.

The water and wastewater treatment company posted revenue of $2.4 billion in the period, topping Street forecasts. Eight analysts surveyed by Zacks expected $2.38 billion.

For the year, the company reported profit of $957 million, or $3.92 per share. Revenue was reported as $9.04 billion.

Xylem expects full-year earnings in the range of $5.35 to $5.60 per share, with revenue in the range of $9.1 billion to $9.2 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XYL at https://www.zacks.com/ap/XYL

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story