Xylem beats top-line and bottom-line estimates; initiates FY24 outlook

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  • Xylem press release (NYSE:XYL): Q4 Non-GAAP EPS of $0.99 beats by $0.04.
  • Revenue of $2.1B beats by $50M, up 41% on a reported basis and 9% organically.
  • Orders of $2.0 billion, up 42% on a reported basis and 10% organically.
  • Initiating 2024 full-year revenue guidance of $8.4 to $8.5 billion  vs. $8.42B consensus, up 3% to 5% organically, and adjusted earnings per share range of $4.00 to $4.20 vs. $4.07 consensus.



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