Watts Water (WTS) reported $677.3 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 21.4%. EPS of $3.04 for the same period compares to $2.37 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $632.09 million, representing a surprise of +7.15%. The company delivered an EPS surprise of +11.65%, with the consensus EPS estimate being $2.72.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Watts Water performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Geographic Revenue- Americas: $515.1 million compared to the $486.7 million average estimate based on two analysts. The reported number represents a change of +23.2% year over year. Geographic Revenue- APMEA: $40.8 million compared to the $38.8 million average estimate based on two analysts. The reported number represents a change of +29.5% year over year. Geographic Revenue- Europe: $121.4 million versus $116.45 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +12% change.View all Key Company Metrics for Watts Water here>>>
Shares of Watts Water have returned +0.6% over the past month versus the Zacks S&P 500 composite's +10.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention.
See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Watts Water Technologies, Inc. (WTS): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).