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Xylem (XYL) Lags Q1 Earnings & Sales Estimates, Lowers View
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Adjusted earnings in the quarter under review were 52 cents per share, lagging the Zacks Consensus Estimate of 58 cents. However, on a year-over-year basis, the bottom line increased 2% from the year-ago figure of 51 cents.
Bottom-line results include adverse impact of 5 cents per share from unfavorable movements in foreign currencies.
Organic Growth Drives Revenues
Xylem’s revenues were $1,237 million in the quarter under review, reflecting growth of 1.6% from the year-ago quarter. Organic sales in the quarter expanded 6% on the back of strengthening end markets. Businesses in emerging markets and the United States were healthy.
This improvement was driven by 6% organic sales growth, partially offset by 4% adverse impact of foreign currency translations.
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https://finance.yahoo.com/news/xylem-xyl...01508.html
![[Bild: XYLc1dl1614.png]](https://finviz.com/publish/050219/XYLc1dl1614.png)
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Adjusted earnings in the quarter under review were 52 cents per share, lagging the Zacks Consensus Estimate of 58 cents. However, on a year-over-year basis, the bottom line increased 2% from the year-ago figure of 51 cents.
Bottom-line results include adverse impact of 5 cents per share from unfavorable movements in foreign currencies.
Organic Growth Drives Revenues
Xylem’s revenues were $1,237 million in the quarter under review, reflecting growth of 1.6% from the year-ago quarter. Organic sales in the quarter expanded 6% on the back of strengthening end markets. Businesses in emerging markets and the United States were healthy.
This improvement was driven by 6% organic sales growth, partially offset by 4% adverse impact of foreign currency translations.
...
https://finance.yahoo.com/news/xylem-xyl...01508.html
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