Markets
XYL

Xylem (XYL) Misses on Q4 Earnings and Revenues

Rye Brook, New York-based Xylem Inc.XYL is a prominent diversified machinery firm, conducting trade in the industrial goods sector. The company manufactures and designs specialized engineered technologies for the wastewater and water purposes. XYL shares high brand value in the market but is also exposed to certain risks of external market uncertainties. For the last four trailing quarters Xylem has a track record of generating a positive average beat of 1.74%.

Currently, XYL has a Zacks Rank #4 (Sell) but that could change following its fourth-quarter 2016 earnings report which has just released. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .

We have highlighted some of the key details from the just-released announcement below:

Earnings: Adjusted Earnings came in at 28 cents per share, lower than the Zacks Consensus Estimate of 65 cents.

Revenue: Revenues of $1,095 million came below the Zacks Consensus Estimate of $1,152 million.

Key Stats: XYL perceives that new investments made in 2016 as well as balance cost structure would boost its revenue and profitability in 2017. For whole-year 2017, the company anticipates to generate revenues within the range of $4.5 to $4.6 billion. While expects organic revenue growth within 1 to 3% for the whole year. The company expects to accrue earnings within the range of $2.20 to $2.35 per share for full-year 2017.

Notably, XYL declared that it has successfully completed Sensus acquisition on Oct 31, 2016.

Stock Price: As of Feb 1, 2017, XYL's closed the trading session at $49.15 per share.

Shares price did not show any movement in the pre-market trading session.

Xylem Inc. Price

Xylem Inc. Price | Xylem Inc. Quote

Check back later for our full write up on this XYL earnings report later!

Zacks' Best Private Investment Ideas

While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.

Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Xylem Inc. (XYL): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

XYL

Other Topics

Earnings Investing Stocks

Latest Markets Videos

Zacks

Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

Learn More