Xylem Stock Falls As FY22 Outlook Lags Consensus
Xylem Inc (NYSE:XYL) reported a fourth-quarter FY21 revenue decline of 3.6% year-over-year to $1.32 billion, beating the consensus of $1.31 billion. Sales by segments: Water Infrastructure $622 million (+1% Y/Y), Applied Water $406 million (+2.8% Y/Y), and Measurement & Control Solutions $295 million (-18.5% Y/Y). Adjusted EPS was $0.63, beating the consensus of $0.61.…
Benzinga ·
Benzinga
