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Stock impact report

Watts Water Technologies Reports Third Quarter 2024 Results

Watts Water Technologies, Inc. Class A (WTS) 
Last watts water technologies, inc. class a earnings: 2/10 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.wattswater.com
Company Research Source: Business Wire
Reported sales of $544 million increased 8%; organic sales down 4%Reported operating margin of 17.1%, down 20 bps; adjusted operating margin of 17.1%, down 90 bpsReported EPS of $2.06, up 5%; adjusted EPS of $2.03, compared to $2.04 in prior yearRaising midpoint of full-year 2024 operating margin outlookAnnounced upcoming retirement of Shashank Patel, Chief Financial OfficerNote changes in performance are relative to third quarter 2023 NORTH ANDOVER, Mass.--(BUSINESS WIRE)--Watts Water Technologies, Inc. (NYSE: WTS) – through its subsidiaries, one of the world’s leading manufacturers and providers of plumbing, heating and water quality products and solutions – today announced results for the third quarter of 2024.Chief Executive Officer and President Robert J. Pagano Jr. commented, “We are pleased with our third quarter results that exceeded our expectations. I want to express my gratitude to the entire Watts team for their dedication to providing exceptional customer service. Give Show less Read more
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