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Zurn Elkay Water Solutions Corp (NYSE:ZWS), a $6.7 billion market cap company, has publicly shared its financial outcomes for the quarter ending December 31, 2024. The company’s stock, currently trading at $39.41, has shown impressive momentum with a nearly 29% return over the past six months. In an earnings release dated today, the company, headquartered in Milwaukee, Wisconsin, disclosed its performance figures in accordance with the regulations of the Securities Exchange Act of 1934. According to InvestingPro analysis, the company appears to be trading above its Fair Value, despite maintaining strong financial health metrics.
The report, which is not to be considered filed under Section 18 of the Act or incorporated by reference in any filing under the Securities Act of 1933, reveals the company’s financial results for the aforementioned period. This information is provided as Exhibit 99.1 in the filing and is intended to furnish investors with the latest data on the company’s financial health. InvestingPro data shows that Zurn Elkay maintains a healthy current ratio of 2.7, indicating strong liquidity with assets well exceeding short-term obligations.
Zurn Elkay, which operates under the General Industrial Machinery & Equipment industry as classified by the standard industrial classification, has its common stock listed on the New York Stock Exchange with the trading symbol ZWS. The company’s business address and principal executive offices are located at 511 West Freshwater Way, Milwaukee, WI 53204.
The company, previously known as Zurn Water Solutions Corp and before that as Rexnord Corp , has undergone several name changes, with the most recent occurring on October 5, 2021. It is important to note that the earnings release provided in the SEC filing is based on a press release statement and is intended to keep shareholders and the market informed of the company’s financial position as of the end of the last quarter.
Investors and interested parties may refer to the full text of the earnings release for a detailed account of Zurn Elkay’s financial performance, as this information is crucial for making informed decisions. The release provides a snapshot of the company’s operations and conditions without implying any future prospects or market positions.
This SEC filing and the accompanying earnings release serve as a transparent account of Zurn Elkay Water Solutions Corp’s financial situation, providing a clear and unbiased view of the company’s recent financial results. For investors seeking deeper insights, InvestingPro offers comprehensive analysis with 12 additional ProTips and a detailed Pro Research Report, which transforms complex financial data into actionable intelligence for smarter investment decisions.
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