Xylem Q2 Results Rise, Beat Market, Lifts FY25 Outlook Above Street; Stock Up In Pre-market

(RTTNews) - Water solutions company Xylem, Inc. (XYL) reported Thursday higher profit and revenues in its second quarter. Further, the company raised fiscal 2025 outlook.

In pre-market activity on the NYSE, Xylem shares were gaining around 5.6 percent to trade at $38.00.

Looking ahead to fiscal 2025, Xylem now forecasts adjusted earnings per share of $4.70 to $4.85, versus the previous guidance of $4.50 to $4.70.

Revenue is now expected to be approximately $8.9 billion to $9.0 billion, up approximately 4 to 5 percent on a reported basis, versus 1 to 2 percent previously guided, and up approximately 4 percent on an organic basis.

The Wall Street analysts on average expect the company to report $4.65 per share on revenues of $8.77 billion. Analysts' estimates typically exclude special items.

Full-year 2025 adjusted EBITDA margin is expected to be approximately 21.3 to 21.8 percent, an increase of 70 to 120 basis points from Xylem's 2024 adjusted results.

In the second quarter, net income attributable to Xylem grew to $226 milion from last year's $194 million. Earnings per share were $0.93, compared to $0.80 last year.

Adjusted net income was $307 million or $1.26 per share, compared to $266 million or $1.09 per share last year.

Revenue for the quarter grew to $2.30 billion from $2.17 billion a year ago. The Street expected earnings of $1.15 per share on revenues of $2.21 billion.

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