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Zurn Elkay Water Solutions Q1 2023 Earnings Report

Zurn Elkay Water Solutions logo
$37.48 +0.33 (+0.89%)
(As of 12/20/2024 05:17 PM ET)

Zurn Elkay Water Solutions EPS Results

Actual EPS
$0.18
Consensus EPS
$0.15
Beat/Miss
Beat by +$0.03
One Year Ago EPS
$0.24

Zurn Elkay Water Solutions Revenue Results

Actual Revenue
$372.10 million
Expected Revenue
$346.89 million
Beat/Miss
Beat by +$25.21 million
YoY Revenue Growth
+55.30%

Zurn Elkay Water Solutions Announcement Details

Quarter
Q1 2023
Time
After Market Closes

Conference Call Resources

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Zurn Elkay Water Solutions Earnings Headlines

Wall Street Icon: “You must get on the right side of this thing”
I created one of the first quantitative analysis-based stock picking systems long before "quants" became a thing on Wall Street… leading Forbes to call me "King of the Quants." I'm writing to you today because my system has recently uncovered a market phenomenon I haven't seen in 30 years.
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About Zurn Elkay Water Solutions

Zurn Elkay Water Solutions (NYSE:ZWS) engages in design, procurement, manufacture, and marketing of water management solutions in the United States, Canada, and internationally. It offers water safety and control products, such as backflow preventers, fire system valves, pressure reducing valves, thermostatic mixing valves, PEX pipings, fittings, and installation tools under the Zurn and Wilkins brand names. The company also provides flow systems products comprising point drains, hydrants, fixture carrier systems, chemical drainage systems; and interceptors and separators, acid neutralization systems, and remote monitoring systems under the Zurn and Green Turtle brands. In addition, it develops, manufactures, and markets remote tank monitoring devices, alarms, software, and services. Further, the company offers sensor-operated flush valves under the AquaSense, Aquaflush, and AquaVantage brands; heavy-duty commercial faucets under the AquaSpec brand; water conserving fixtures under the EcoVantage and Zurn One brands; stainless steel products under the Just Manufacturing brand name, which include stainless steel sinks and plumbing fixtures, and various types of sinks, as well as drinking water dispensing and filtration products under the Elkay and Halsey Taylor brands. It distributes to institutional, commercial, waterworks, and residential end markets through independent sales representatives, plumbing wholesalers, and industry-specific distributors in the waterworks, foodservice, industrial, janitorial, sanitation, and sitework industries. The company was formerly known as Zurn Water Solutions Corporation and changed its name to Zurn Elkay Water Solutions Corporation in July 2022. Zurn Elkay Water Solutions Corporation was incorporated in 1892 and is headquartered in Milwaukee, Wisconsin.

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