Xylem Inc Stock Price, News & Analysis

Xylem Inc. (NYSE: XYL) reported a third quarter revenue of $1.4 billion, surpassing guidance with a 9% growth on a reported basis and 16% organically. Adjusted EPS reached $0.79, exceeding previous forecasts, while net income was $12 million. The company raised its full-year organic revenue growth guidance to 9-10% and adjusted EPS guidance to $2.65-$2.75. Despite a 7% decline in orders reported, demand remains strong with significant backlog growth. The Water Infrastructure and Applied Water segments saw solid revenue increases.

Xylem (NYSE: XYL) highlights the potential for water utilities to decarbonize using existing technologies. More than 80 utilities have set net-zero targets, showcasing strategies to optimize operations and cut greenhouse gas emissions. A medium-sized utility could offset emissions equivalent to 150 transatlantic flights annually. Successful examples include South Bend, Indiana, which saved $500 million and reduced infrastructure carbon impacts, and EWE WASSER GmbH in Germany, which cut energy use by 30%. Xylem's efforts were recognized as a 'Net Zero Carbon Champion' at the 2022 Global Water Awards.

Xylem (NYSE: XYL), a global water technology leader, is set to showcase innovative solutions at WEFTEC in New Orleans from October 10-12. The company focuses on addressing pressing water challenges as predicted by the United Nations, which estimates 1.8 billion people will face water scarcity by 2025. With a revenue of $5.2 billion in 2021, Xylem aims to enhance sustainability and operational efficiency in the water sector, including reducing greenhouse gas emissions.

Xylem Inc. (NYSE: XYL), a global leader in water technology, will announce its third quarter 2022 financial results on November 1, 2022, at 6:55 a.m. ET. The company will host a conference call for investors at 9:00 a.m. ET. Participants can join by phone or online. The conference call will be replayed starting at 1:00 p.m. ET on the same day until November 8, 2022. Xylem reported $5.2 billion in revenue in 2021 and aims to enhance sustainability by helping over 150 countries manage water resources effectively.

Xylem, a global water technology leader, awarded Team WatApp the Xylem Water Challenge award at HackZurich 2022 for their innovative app promoting sustainable water consumption. This app aims to change public water habits through educational gaming, offering recommendations based on user habits and local context. Amidst the worst drought in 500 years in Europe, the initiative highlights urgent needs for sustainability in water usage. Xylem has engaged over 6,600 students in water solutions through its Xylem Ignite program.

Xylem (NYSE: XYL) is participating in the IWA World Water Congress & Exhibition in Copenhagen from September 11-15, 2022. They aim to address global water security challenges faced by 2.3 billion people living in water-stressed countries. Notable executives, including Dave Flinton and Austin Alexander, will discuss innovative business models and climate resilience. Xylem is also hosting forums on digital innovation and decarbonization. They recognize 42 utilities for climate leadership at the event, reinforcing their commitment to sustainable water management.

Annabelle M. Rayson from Canada has won the prestigious 2022 Stockholm Junior Water Prize for her research on treating harmful algae blooms. HRH Crown Princess Victoria of Sweden announced the winner during World Water Week in Stockholm. Rayson’s work addresses significant issues affecting water quality and ecosystems, which have economic impacts on fishing and tourism. The jury praised her bio-inspired research as a potential solution to a multi-faceted global problem. Xylem, as the founding partner of the prize, encourages innovative solutions to water-related challenges.

The Board of Directors of Xylem (NYSE: XYL) has declared a third quarter dividend of $0.30 per share, payable on September 29, 2022 to shareholders of record as of September 1, 2022. Xylem is a global leader in water technology, generating $5.2 billion in revenue in 2021. The company is dedicated to addressing water and infrastructure challenges, supporting sustainable water and resource management in over 150 countries.

Xylem Inc. (NYSE: XYL) reported a strong second quarter with revenues of $1.4 billion, marking a 1% increase on a reported basis and 6% organically. Adjusted earnings per share reached $0.66, exceeding guidance. The company raised its full-year organic revenue growth forecast to 8-10% from 4-6% and adjusted EPS guidance to $2.50-$2.70. However, the adjusted EBITDA margin declined to 16.6%, impacted by inflation and chip supply shortages. Segment performance varied; Water Infrastructure saw 9% organic growth, while Measurement & Control Solutions faced a 2% decline due to ongoing supply issues.