WASHINGTON (dpa-AFX) - Xylem Inc. (XYL) revealed earnings for its fourth quarter that advanced from the same period last year.
The company's earnings totaled $148 million, or $0.82 per share. This compares with $118 million, or $0.65 per share, in last year's fourth quarter.
Excluding items, Xylem Inc. reported adjusted earnings of $181.5 million or $0.81 per share for the period.
Analysts had expected the company to earn $0.68 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
Revenue came in at $1.37 billion, equal to the mark posted in the same period last year.
Xylem Inc. earnings at a glance:
-Earnings (Q4): $181.5 Mln. vs. $181.2 Mln. last year. -EPS (Q4): $0.81 vs. $0.89 last year. -Analysts Estimate: $0.68 -Revenue (Q4): $1.37 Bln vs. $1.37 Bln last year.
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