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Stock impact report

Xylem withdraws first quarter and full-year guidance, continues serving customers on front lines of essential services

Xylem Inc. New (XYL) 
Last xylem inc. new earnings: 2/6 06:50 am Check Earnings Report
US:NYSE Investor Relations: xylem.com/en-us/investors
Company Research Source: Business Wire
Driven by COVID-19, rapid changes impacting end-markets and operations globallyStrong fundamentals and balance sheet, with approximately $1.7 billion of available liquidity in cash and credit facilitiesProudly serving water, wastewater and utilities sectors as they provide services essential to communities combatting COVID-19 RYE BROOK, N.Y.--(BUSINESS WIRE)--Global water technology company, Xylem Inc. (NYSE:XYL), today withdrew its financial guidance for the first quarter of 2020 and for the full year, because of the impact of COVID-19. Guidance provided on February 6 for the first quarter had anticipated one to two percentage points of organic revenue softening and three to four cents of adjusted earnings per share impact from the initial, localized emergence of COVID-19 in China. However, the rapid international spread of the disease, especially in recent weeks, has since disrupted commercial activity and supply chains more broadly.“Our first priority is the health and well-bein Show less Read more
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