Xylem (XYL) PT Raised to $132 at Deutsche Bank, 'Checking All the Boxes'

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Go back to Xylem (XYL) PT Raised to $132 at Deutsche Bank, 'Checking All the Boxes'

Xylem Reports Fourth-Quarter and Full-Year 2023 Results

February 6, 2024 6:55 AM EST

Fourth-Quarter Highlights

Orders of $2.0 billion, up 42% on a reported basis and 10% organically Revenue of $2.1 billion, up 41% on a reported basis and 9% organically Earnings per share of $1.10, up 34%; $0.99 on an adjusted basis, down 1%

Full-Year Highlights

Revenue of $7.4 billion, up 33% on a reported basis and 12% organically Earnings per share of $2.79, up 42%; $3.78 on an adjusted basis, up 20% Initiating 2024 full-year revenue guidance of $8.4 to $8.5 billion, up 3% to 5% organically, and adjusted earnings per share range of $4.00 to $4.20

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