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Stock impact report

Watts Water (WTS) Up 2.7% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]

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: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Watts Water due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Watts Water Q2 Earnings Beat Estimates Watts Water reported second-quarter 2024 adjusted earnings per share (EPS) of $2.46, which increased 5% on a year-over-year basis and beat the Zacks Consensus Estimate by 5.1%. The company's quarterly net sales rose 12% year over year to $597.3 million. The top line surpassed the Zacks Consensus Estimate by 1.8%. Organic sales remained flat year over year. The company's performance benefited from higher revenue growth in the Asia-Pacific, the Middle East and Africa (APMEA) and the Americas amid sluggish market trends in the Europe region along with forex woes. Segment Results Americas : Net sales rose 22% year over year to $448 mil Show less Read more
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