Welcome to our dedicated page for Xylem news (Ticker: XYL), a resource for investors and traders seeking the latest updates and insights on Xylem stock.
Xylem Inc. reports news as a global water solutions company serving utility, industrial, commercial and residential water markets. Company updates commonly cover orders, revenue, earnings, organic growth, guidance and non-GAAP financial measures, along with capital allocation actions such as common-stock repurchase authorizations.
Xylem news also includes investor conference participation, water-security research, clean water initiatives and technology themes tied to water transport, treatment, testing, reuse, leakage reduction and resource management.
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.
Xylem Inc. (NYSE: XYL) will release its third quarter 2020 results on October 29, 2020, at 6:55 a.m. (ET). A conference call for investors will follow at 10:00 a.m. (ET), accessible by calling +1 (973) 935-2945 (ID # 7096699) or through the Investors Events page. A replay will be available until November 30, 2020, via telephone and the same Investors Events page.
Xylem reported $5.25 billion in revenue for 2019, focusing on innovative water technology solutions.
Xylem (XYL) is addressing water scarcity in the U.K. through a partnership with Anglian Water and Arqiva. Their initiative involves deploying a smart water network to conserve up to 30 million liters of water daily by 2025, driven by data and smart technology. The project, detailed in Xylem's Sustainability Report, aims to improve customer education on water usage and enable better leak detection. The collaboration highlights the importance of water efficiency as a critical goal for utilities. This effort reinforces Xylem's role in promoting sustainable water management.