Watts Water Technologies: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Watts Water Technologies (NYSE:WTS) reported Q4 earnings with an EPS of $1.97, beating estimates by 10.67% and showing a revenue increase of $45.60 million from the previous year. The company has consistently beaten EPS estimates over the past four quarters, with share price increases following earnings announcements.
February 12, 2024 | 9:40 pm
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Watts Water Technologies reported a strong Q4 with an EPS of $1.97, surpassing estimates by 10.67%, and a significant year-over-year revenue increase.
WTS's Q4 earnings beat and consistent past performance of exceeding EPS estimates suggest a positive short-term impact on its stock price. Historical data shows share price increases following earnings beats, indicating a likely continuation of this trend.
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