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Xylem (XYL) gains from solid demand for products and services, a robust backlog level and the acquisition of Evoqua. However, rising operating costs and expenses might dent its margins.
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Xylem's (XYL) fourth-quarter revenues increase year over year, driven by strength in its Water Infrastructure and Measurement & Control Solutions units.
Although the revenue and EPS for Xylem (XYL) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Xylem (XYL) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $0.92 per share a year ago.
Xylem's (XYL) fourth-quarter 2023 results are likely to have gained from strength across its utilities and industrial water applications markets. However, a weak residential end market might have hurt its results.
Get a deeper insight into the potential performance of Xylem (XYL) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Xylem (XYL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
WASHINGTON--(BUSINESS WIRE)-- #LetsSolveWater--Xylem Announces Participation at Upcoming Investor Conferences.
Xylem Inc. is a water technology company with high ESG ratings and reasonable growth potential. Institutional investors, including Vanguard, BlackRock, and State Street, hold almost all of Xylem's shares. Xylem's strong ESG credentials and positive fundamentals make it well-positioned for growth and in demand among ESG investors.