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%.