Xylem Expects FY24 Adj EPS of $4.00-$4.20 Vs $4.07 Est; Sales Guidance of $8.4B-$8.5B Vs $8.42B Est
Portfolio Pulse from Benzinga Newsdesk
Xylem projects its FY24 adjusted EPS to be in the range of $4.00-$4.20, compared to the estimated $4.07. The company also forecasts sales to be between $8.4B-$8.5B, aligning closely with the estimated $8.42B.
February 06, 2024 | 12:01 pm
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Xylem expects its FY24 adjusted EPS to range between $4.00 and $4.20, closely aligning with analysts' expectations of $4.07. The company's sales guidance of $8.4B to $8.5B is also in line with the estimated $8.42B.
Xylem's guidance for both adjusted EPS and sales closely matches the analysts' estimates, indicating a stable outlook for the company. This alignment suggests there might not be significant short-term price movement as the market has likely already priced in these expectations. However, the confirmation of these expectations can be seen as a positive signal of stability and management's confidence in the company's performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100