Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Watts Water (WTS)
:WTS
RESEARCH TOOLSreports
Earnings Data
Report Date
May 06, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
2.11Last Year’s EPS
2.33Same Quarter Last Year
Based on 6 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 10, 2025
|% Change Since: 5.15%
|Next Earnings Date:May 06, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong financial performance in 2024, with record metrics and successful strategic initiatives, despite challenges in Europe and uncertainties related to tariffs and geopolitical conditions. The company's balance sheet and productivity actions provide resilience and strategic flexibility.Company Guidance
During the Watts Water Technologies, Inc. fourth quarter and year 2024 earnings call, the company provided several key metrics and guidance for 2025. In 2024, Watts achieved record sales of $2.25 billion, a 10% increase on a reported basis, with a notable adjusted EPS growth of 7% and record free cash flow of $332 million. Organic sales declined by 1%, primarily due to European market weakness. The company expects 2025 sales to range from a decrease of 3% to an increase of 2%, with regional expectations set at -3% to +3% for the Americas, -8% to -2% for Europe, and flat to +5% for APAC. Adjusted EBITDA margin is projected to be between 20% and 21%, and adjusted operating margin to be flat to up 60 basis points at 17.7% to 18.3%. The recent acquisition of Icon Systems is anticipated to be modestly accretive to adjusted EPS in 2025, and restructuring efforts, including the closure of a manufacturing facility in France, are expected to yield $3 million in full-year pretax run rate savings, fully realized by 2026.Record Performance in 2024
Achieved record full year sales, operating income, EPS, and free cash flow with organic sales decrease of 1% and adjusted EPS increase of 7%. Despite challenges, maintained strong financial performance.
Strong Cash Flow and Balance Sheet
Generated record free cash flow of $332 million, an 18% increase with a conversion rate of 114%. Balance sheet remains strong, supporting strategic investments and shareholder returns.
Strategic Acquisition of Icon Systems
Acquired Icon Systems, expected to be modestly accretive to adjusted EPS in 2025. Integration is progressing well, expanding digital offerings and growth opportunities.
Successful Productivity Initiatives
Achieved significant productivity savings through automation and lean initiatives, enabling mitigation of acquisition impact and European volume deleverage.
---
WTS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
WTS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 10, 2025 | $208.75 | $224.67 | +7.63% |
| Oct 30, 2024 | $197.34 | $190.21 | -3.61% |
| Aug 07, 2024 | $192.86 | $184.49 | -4.34% |
| May 08, 2024 | $210.89 | $209.82 | -0.51% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Watts Water (WTS) report earnings?
Watts Water (WTS) is schdueled to report earning on May 06, 2025, TBA Not Confirmed.
What is Watts Water (WTS) earnings time?
Watts Water (WTS) earnings time is at May 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WTS EPS forecast?
WTS EPS forecast for the fiscal quarter 2025 (Q1) is 2.11.
---