Xylem Inc Stock Price, News & Analysis

The Board of Directors of Xylem has announced a second quarter dividend of $0.28 per share, payable on June 24, 2021, to shareholders on record as of May 27, 2021. In 2020, Xylem generated $4.88 billion in revenue, demonstrating its commitment to solving critical water and infrastructure challenges across over 150 countries. With a workforce exceeding 16,000 employees, Xylem is focused on sustainability and innovation in water resource management.

Xylem Inc (NYSE: XYL) has partnered with FortisBC Energy Inc to implement a Sensus advanced gas meter network in British Columbia. This initiative aims to modernize FortisBC's metering infrastructure, benefiting over one million natural gas customers. With a planned deployment of approximately one million Sonix IQ gas meters, the project will enhance safety features and operational resilience. The 20-year agreement includes Managed Services and Software as a Service solutions, aiming to begin deployment in 2023, pending regulatory approval.

Xylem Inc. (NYSE: XYL) reported first quarter 2021 revenue of $1.26 billion, reflecting a 12% growth on a reported basis and 8% growth organically. The adjusted EBITDA margin increased by 480 basis points to 17.1%, driven by strong demand and cost discipline. Net income stood at $87 million or $0.48 per share. Xylem raised its full-year guidance, now expecting organic revenue growth between 5% and 7% and adjusted EPS of $2.50 to $2.70. All segments showed strong performance, especially in Water Infrastructure and Applied Water.

Xylem (NYSE:XYL) has partnered with Esri to enhance water management solutions through joint technical development and marketing efforts. This collaboration aims to digitalize water infrastructure, enabling utilities to optimize network operations significantly. A notable outcome from their partnership includes an AI-driven pipeline analysis that cut costs by $70 million—approximately 80%—and reduced pipeline failures by 400%. As one of the few Esri Platinum Partners, Xylem is positioned to leverage advanced location intelligence to address global water challenges effectively.

Xylem Inc. (NYSE: XYL) will announce its first quarter 2021 results on May 4, 2021, at 6:55 a.m. (ET). A conference call with senior management will follow at 10:00 a.m. (ET) to discuss the results with investors. The call can be accessed at +1 (973) 935-2945 (ID # 5567508) or through their website. A replay of the call will be available until June 2, 2021, by calling +1 (800) 585-8367 or +1 (404) 537-3406 (ID # 5567508).

Xylem reported $4.88 billion in revenue for 2020, emphasizing its commitment to addressing global water challenges.

Xylem Inc. (NYSE: XYL) reported fourth quarter revenue of $1.37 billion and full-year revenue of $4.88 billion, surpassing expectations despite COVID-19 impacts. However, operating margins declined with fourth quarter adjusted margins at 13.8%, down 120 basis points year-over-year. Net income for Q4 was $148 million or $0.82 per share. For 2021, Xylem forecasts revenue between $5.16 to $5.26 billion, with adjusted EPS projected at $2.35 to $2.60, reflecting a 14 to 26 percent increase from 2020. An 8% increase in the dividend to $0.28 per share was also announced.

Xylem Inc. (NYSE: XYL) will announce its fourth quarter 2020 results on February 4, 2021, at 6:55 a.m. (ET). Following this, a conference call with senior management will take place at 9:00 a.m. (ET) for investors. Participants can join the call by dialing +1 (973) 935-2945 (ID# 6283413) or through the Investors Events | Xylem US. A replay will be available until March 5, 2021.

Xylem Inc. (NYSE: XYL) reported a net income of $37 million for Q3 2020, equating to $0.20 per share. Adjusted net income stood at $114 million, or $0.62 per share, as revenue dropped 6% to $1.2 billion. Orders saw a 7% decline, but the wastewater utility business remained resilient. Operating margin was 6%, up 520 basis points year-over-year, while adjusted margin was 13.0%, down 210 basis points. Xylem generated $275 million in operating cash flow with a robust liquidity of $2.4 billion. For Q4, projected organic revenue declines are 6-8%, with a full-year free cash flow conversion anticipated over 100%.

The Board of Directors of Xylem (NYSE: XYL) has announced a $0.26 dividend per share, payable on December 3, 2020, to shareholders recorded as of November 5, 2020. Xylem is a dominant global water technology firm dedicated to addressing water challenges through innovation. With over 16,000 employees, the company reported $5.25 billion in revenue for 2019, emphasizing its commitment to sustainable water management in more than 150 countries.