The earnings call reflected a positive sentiment overall, with record-breaking profitability and strong order growth outweighing the moderated revenue growth and market challenges in China and emerging markets.

Company Guidance

During Xylem's Q3 2024 earnings call, the company provided guidance with several key metrics. The full-year revenue is expected to reach $8.5 billion, reflecting approximately 15% growth with an organic revenue increase of about 5%. Despite a slightly lower revenue outlook for Q4, the earnings guidance remains stable, with EPS narrowed to $4.22 to $4.24. The EBITDA margin is projected to be around 20.5%, signifying a 160 basis point expansion over the previous year. Xylem's book-to-bill ratio exceeded 1, with orders up 8% during the quarter, driven primarily by Measurement & Control Solutions (MCS) and Water Solutions & Services (WSS). The company also anticipates record free cash flow conversion, expected to be at least 120% of net income, with significant conversion anticipated in Q4.

Record-Breaking EBITDA Margins and EPS

Achieved record quarterly EBITDA margin of 21.2% and record earnings per share of $1.11, surpassing the midpoint of guidance by $0.01, marking a 12% increase over the prior year.

Strong Order Growth

Organic orders were up 8% in the quarter, with notable growth in Measurement & Control Solutions (MCS) and Water Solutions & Services (WSS).

Evoqua Integration Ahead of Schedule

Integration of Evoqua is progressing ahead of schedule, with expected cost synergies exceeding run rate targets, ending the year above expectations.

Robust Free Cash Flow

Year-to-date free cash flow increased by 27% from the prior year, with a conversion rate of 79% driven by higher net income.

Increased Stake in Idrica

Plan to increase stake in the Idrica joint venture to majority ownership, facilitating better integration of data management and analytics solutions.

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Xylem (GB:0M29) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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GB:0M29 Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 31, 2018	2018 (Q2)	- / 0.73	0.59	23.73% (+0.14)	―	―
Oct 30, 2018	2018 (Q3)	- / 0.77	0.65	18.46% (+0.12)	―	―
Jan 31, 2019	2018 (Q4)	- / 0.88	0.76	15.79% (+0.12)	―	―
May 02, 2019	2019 (Q1)	- / 0.52	0.51	1.96% (+0.01)	―	―
Aug 01, 2019	2019 (Q2)	- / 0.79	0.73	8.22% (+0.06)	―	―
Oct 31, 2019	2019 (Q3)	- / 0.82	0.77	6.49% (+0.05)	―	―
Feb 06, 2020	2019 (Q4)	- / 0.89	0.88	1.14% (+0.01)	―	―
May 05, 2020	2020 (Q1)	- / 0.23	0.52	-55.77% (-0.29)	―	―
Jul 30, 2020	2020 (Q2)	- / 0.40	0.79	-49.37% (-0.39)	―	―
Oct 29, 2020	2020 (Q3)	- / 0.62	0.82	-24.39% (-0.20)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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GB:0M29 Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Oct 31, 2024	$130.10	$122.57	-5.79%
Jul 30, 2024	$140.74	$133.30	-5.29%
May 02, 2024	$130.29	$134.48	+3.21%
Feb 06, 2024	$113.06	$118.22	+4.56%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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