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Watts Water Technologies (WTS)
NYSE:WTS
Earnings Data
Report Date
Jul 30, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
2.63Last Year’s EPS
2.46Same Quarter Last Year
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 15.88%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed sentiment, highlighting strong financial performance and proactive strategies to mitigate tariff impacts, but also noting challenges with declining organic sales and weakness in Europe. The company's outlook remains cautious due to ongoing economic uncertainties.Company Guidance
During the Watts Water Technologies First Quarter 2025 Earnings Call, the company reported better-than-expected first-quarter results, with record adjusted operating income, adjusted operating margin, and adjusted earnings per share. Organic sales declined by 2%, impacted by fewer shipping days and weakness in Europe, but this was offset by the I-CON acquisition. The adjusted operating margin reached 19%, exceeding expectations due to effective volume management, productivity, and cost controls. The company announced a 21% dividend increase beginning in June. For the full year, Watts maintained its organic sales and adjusted operating margin outlook, anticipating that price increases, global sourcing actions, and accelerated onshoring of production will offset tariff costs and potential demand reductions. Adjusted EBITDA grew by 1% to $119 million, with an adjusted EBITDA margin of 21.4%, and adjusted earnings per share increased by 2% to $2.37. The company's balance sheet remained strong, with a net debt to capitalization ratio of negative 9% and a net leverage of negative 0.3. For the second quarter, Watts projected organic sales growth of flat to up 3%, with EBITDA margins expected to be between 21.6% and 22.2%.Record Adjusted Operating Income and Margin
The company reported record adjusted operating income and adjusted operating margin in the first quarter of 2025, exceeding expectations due to better-than-expected volume, productivity, and cost controls.
Dividend Increase
Watts Water Technologies announced a 21% dividend increase beginning in June 2025, supported by a strong balance sheet with ample capacity for capital allocation flexibility.
Strong Performance in Americas and APMEA
The Americas segment margin increased by 130 basis points to 23.4%, and APMEA sales increased 9% on a reported basis and 13% on an organic basis, with growth in China, the Middle East, and Australia.
Successful Integration of I-CON Acquisition
Integration efforts with the I-CON acquisition are progressing well, expected to be accretive to adjusted EBITDA margins and adjusted EPS in 2025.
Proactive Tariff Mitigation Strategies
The company is implementing strategies to offset tariff impacts, including price increases, supply chain relocation, and leveraging a dual-source supply base.
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 |
|---|---|---|---|
May 07, 2025 | $211.13 | $234.50 | +11.07% |
Feb 10, 2025 | $207.88 | $223.73 | +7.62% |
Oct 30, 2024 | $196.52 | $189.42 | -3.61% |
Aug 07, 2024 | $192.06 | $183.72 | -4.34% |
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 Technologies (WTS) report earnings?
Watts Water Technologies (WTS) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is Watts Water Technologies (WTS) earnings time?
Watts Water Technologies (WTS) earnings time is at Jul 30, 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 (Q2) is 2.63.