Xylem's Water Wisdom Pays Off: Q2 Beats Estimates, Outlook Upgraded
Xylem's Water Wisdom Pays Off: Q2 Beats Estimates, Outlook Upgraded
Xylem Inc. (NYSE:XYL) shares are trading lower after it reported second-quarter FY24 results.
赛莱默公司(NYSE:XYL)报告了第二季度FY24财报,股价下跌。
Revenue grew 26% Y/Y to $2.17 billion (+9% organically), beating the consensus of $2.145 billion on strong execution and demand.
营业收入同比增长26%,达到21.7亿美元(有机增长9%),超过了21.45亿美元的共识,这归功于强劲的执行力和需求。
By segment, Measurement & Control Solutions revenue was $482 million (+26% Y/Y), Water Infrastructure revenue was $631 million (+22% Y/Y), Applied Water revenue was $456 million (-5% Y/Y) and Water Solutions and Services was $600 million (+76% Y/Y).
按部门划分,测量和控制解决方案营收为4.82亿美元(+26% YoY),水基础设施营收为6.31亿美元(+22% YoY),应用水营收为4.56亿美元(-5% YoY),水解决方案和服务营收为6亿美元 (+76% YoY)。
Orders were up 12% Y/Y on a reported basis and declined 1% Y/Y organically to $2.09 billion.
订单同比增长12%,达到20.9亿美元,有机下降1%。
The adjusted EBITDA margin reached 20.8%, up 170 basis points Y/Y, driven by productivity savings, higher volume, and price increases, which outweighed the effects of inflation, strategic investments, and mix changes.
经调整的EBITDA利润率达到20.8%,较去年同期上升了170个基点,这是由于生产率节约,成交量增加和价格上涨导致了相对于通货膨胀,战略投资和混合变化的影响的抵消。
Adjusted EPS was $1.09 (+14% Y/Y), beating the consensus of $1.05.
调整后的EPS为1.09美元(+14% YoY),超过了1.05美元的共识。
Operating cash flow for six months ended June 30 stood at $377 million, compared to $9 million a year ago.
截至6月30日的六个月的经营性现金流为3.77亿美元,而去年同期为900万美元。
The company exited the year with cash and cash equivalents worth $815 million.
该公司现金及现金等价物价值为8150万美元。
Outlook: For FY24, Xylem raised the adjusted EPS outlook from $4.10-$4.25 to $4.18-$4.28 (versus the consensus of $4.21).
展望:对于FY24,赛莱默将调高调整后EPS的预期范围,从4.10-4.25美元上调至4.18-4.28美元(市场共识为4.21美元)。
Also, the company revised its FY24 revenue outlook to $8.55 billion (consensus $8.56 billion), marking an increase of 16% Y/Y, with organic revenue growth expected to be 5%–6%, up from the previous range of 4%–6%.
此外,该公司将FY24营收预期修订为85.5亿美元(共识为85.6亿美元),同比增长16%,有机营收增长预计为5%-6%,高于先前范围的4%-6%。
Xylem's President and CEO, Matthew Pine, said, "Healthy demand, combined with the team's disciplined operational execution, delivered significant margin expansion in the quarter. Evoqua integration and synergies are also well on track."
赛莱默的总裁兼首席执行官Matthew Pine说:“健康的需求加上团队的有纪律的操作执行,实现了季度重要的利润率扩张。Evoqua的整合和协同效应也进展顺利。”
"We are confident in the team's commitment to realizing our operational potential, and underlying demand in our largest markets remains resilient despite likely macro variability in the second half. Our diversified portfolio of mission-critical solutions is ideally positioned to meet global demand from intensifying water challenges."
“我们相信团队致力于实现我们的运营潜力,尽管第二半年可能存在宏观变化,我们最大市场的潜在需求仍然持续不断。我们的多元化关键任务解决方案组合理想地定位于适应全球加剧的水需求。”
Investors can gain exposure to the stock via Global X Clean Water ETF (NASDAQ:AQWA) and Invesco S&P Global Water Index ETF (NYSE:CGW).
投资者可以通过全球清洁水etf(NASDAQ: AQWA)和景顺标普全球水指数etf(NYSE: CGW)来获得该股的收益。
Price Action: XYL shares are down 3% to $137.29 at the last check Tuesday.
截至周二,XYL股价下跌了3%,至137.29美元。
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