Watts Water Technologies (NYSE:WTS) reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Watts Water Technologies beat estimated earnings by 18.98%, reporting an EPS of $1.63 versus an estimate of $1.37.
Revenue was up $49.90 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 6.82% drop in the share price the next day.
Here's a look at Watts Water Technologies's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.33 | 1.29 | 1.28 | 1 |
| EPS Actual | 1.42 | 1.39 | 1.48 | 1.24 |
| Revenue Estimate | 455.05M | 433.81M | 425.42M | 386.01M |
| Revenue Actual | 473.90M | 455.00M | 467.00M | 413.30M |
To track all earnings releases for Watts Water Technologies visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
