Watts Water Technologies (WTS) Tops Q4 EPS by 9c
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Watts Water Technologies Reports Record Fourth Quarter and Full Year 2021 Results
February 9, 2022 4:30 PM ESTQ4 sales of $474 million, up 18% on a reported and organic basis; full year reported sales of $1.8 billion, up 20%, and up 17% organically Q4 GAAP EPS of $1.18, up 37% and adjusted EPS of $1.42, up 23%; full year GAAP EPS of $4.88, up 45% and adjusted EPS of $5.52, up 42% Full year operating cash flow of $181 million and full year free cash flow of $159 million, a 21% and 15% decrease, respectively, primarily due to proactive inventory investment
*Performance relative to comparable fourth quarter and year ended December 31, 2020.
NORTH ANDOVER, Mass.--(BUSINESS WIRE)-- Watts Water... More
