Watts Water reports Q1 adjusted EPS $2.37, consensus $2.13

Reports Q1 revenue $558M, consensus $547.36M. Chief Executive Officer Robert J. Pagano Jr. said, “We had a solid start to the year with our first quarter results exceeding expectations as we achieved record adjusted operating income, adjusted operating margin and adjusted EPS. I would like to thank our dedicated employees who continued to execute well against a challenging backdrop.”