These are top 10 stocks traded on the Robinhood UK platform in July
NEW YORK - Tuesday, Xylem Inc. (NYSE:XYL) reported fourth-quarter earnings that surpassed analyst estimates, but provided a conservative revenue forecast for 2025, sending shares -0.01% lower in pre-market trading.
The water technology company posted adjusted earnings per share of $1.18 for Q4, beating the consensus estimate of $1.13. Revenue rose 7% YoY to $2.3 billion, also topping expectations of $2.18 billion.
"The team delivered a strong fourth quarter to close a record-breaking year for Xylem," said CEO Matthew Pine. "We set new benchmarks for full-year revenue, net income and adjusted EBITDA margins, and earnings per share, with the team showing great operating discipline across the portfolio."
For the full year 2024, Xylem reported revenue of $8.6 billion, up 16% on a reported basis and 6% organically from 2023. Adjusted earnings per share came in at $4.27, a 13% increase YoY.
Looking ahead, Xylem forecasts 2025 revenue between $8.6 billion and $8.7 billion, below the $8.84 billion analysts were expecting. The company projects adjusted EBITDA margin of 21.3% to 21.8%, up 70 to 120 basis points from 2024.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.