Watts Water's Q4 Earnings and Revenues Outpace Estimates
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Watts Water Technologies (WTS) reported better-than-expected fourth-quarter 2024 earnings and revenues. Despite the positive results, the company experienced a year-over-year revenue decline due to fewer shipping days.
February 11, 2025 | 3:30 pm
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Watts Water Technologies reported Q4 2024 earnings and revenues that exceeded expectations. However, the company saw a decline in year-over-year revenues, attributed to fewer shipping days.
The positive earnings and revenue surprise is likely to have a short-term positive impact on WTS's stock price. However, the year-over-year revenue decline due to fewer shipping days may temper investor enthusiasm slightly.
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