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Watts Water Technologies Q2 Adjusted Earnings, Revenue Rise
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Watts Water Technologies Q2 Adjusted Earnings, Revenue Rise
Aug 7, 2024 2:06 PM

04:58 PM EDT, 08/07/2024 (MT Newswires) -- Watts Water Technologies ( WTS ) reported Q2 adjusted earnings late Wednesday of $2.46 per diluted share, up from $2.34 a year earlier.

Analysts polled by Capital IQ expected $2.33.

Sales for the quarter that ended June 30 were $597.3 million, up from $532.8 million a year earlier.

Analysts surveyed by Capital IQ expected $589.6 million.

Maintaining its previous full-year outlook, the company said reported sales will increase by about 7% to 12%, and organic sales will range from a decline of 4% to a gain of 1%.

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