Rye Brook, New York, May 16, 2020 – Shares of Xylem Inc. (NYSE: XYL) declined -1.29% to $58.19. The stock traded total volume of 983.031K shares lower than the average volume of 1.54M shares.
Xylem Inc. (NYSE: XYL) posted revenues of $1.30B for the quarter ended September 2019, missing the Zacks Consensus Estimate by 2.47%. This compares to year-ago revenues of $1.29B. The company has topped consensus revenue estimates two times over the last four quarters. Xylem came out with quarterly earnings of $0.82 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.77 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this water and wastewater treatment company would post earnings of $0.79 per share when it actually produced earnings of $0.79, delivering no surprise. Over the last four quarters, the company has not been able to surpass consensus EPS estimates.
XYL has the market capitalization of $10.56B and its EPS growth ratio for the past five years was 3.90%. The return on assets ratio of the Company was 4.70% while its return on investment ratio stands at 9.00%. Price to sales ratio was 2.06 while 94.20% of the stock was owned by institutional investors.