Investing.com - Watts Water Technologies reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Watts Water Technologies announced earnings per share of $1.79 on revenue of $488M. Analysts polled by Investing.com anticipated EPS of $1.57 on revenue of $479.96M.
Watts Water Technologies shares are up 17.79% from the beginning of the year and are trading at $141.80 , down-from-52-week-high.
Watts Water Technologies shares gained 0.70% in after-hours trade after the report.
Watts Water Technologies follows other major Industrials sector earnings this month
Watts Water Technologies's report follows an earnings beat by United Parcel Service on Tuesday, October 25, 2022, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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