Zurn Elkay Water reports Q1 adjusted EPS 31, consensus 29c

Reports Q1 revenue $389M, consensus $383.56M. Todd A. Adams, Chairman and Chief Executive Officer, commented, “We had a solid start to 2025, delivering first quarter core sales growth of 5% along with 25.2% adjusted EBITDA margins, an increase of 110 basis points year over year. We also returned significant capital to shareholders in the form of $77 million in share repurchases and $15 million in dividends while maintaining leverage at 0.9x.”