Xylem reports Q2 adjusted EPS $1.09, consensus $1.05

Reports Q2 revenue $2.2B, consensus $2.14B. “The team continued to build on Xylem’s momentum and outperformed expectations on all metrics in the second quarter,” said CEO Matthew Pine. “Healthy demand, combined with the team’s disciplined operational execution, delivered significant margin expansion in the quarter. Evoqua integration and synergies are also well on track. We are further raising our full-year revenue, margin and earnings guidance. We are confident in the team’s commitment to realizing our operational potential, and underlying demand in our largest markets remains resilient despite likely macro variability in the second half. Our diversified portfolio of mission-critical solutions is ideally positioned to meet global demand from intensifying water challenges.”