Zurn Elkay Water reports Q4 adjusted EPS 32c, consensus 28c

Reports Q4 revenue $371M, consensus $366.64M. Todd Adams, Chairman and Chief Executive Officer, commented, “2024 was another year of solid execution for us as we delivered record sales, EBITDA and cash flow performance while repurchasing $150 million of our shares and increasing our dividend 12.5% year over year. Despite pockets of challenging end markets, we achieved 4% pro forma core sales growth, improved our adjusted EBITDA(1) margins by 270 basis points and made significant strides in the deployment of our strategies to deliver even better growth in the coming years. Our team’s belief in and relentless deployment of the Zurn Elkay Business System positions us to continue to deliver above market growth and continued superior financial performance in 2025.”