Watts Water (WTS) Surpasses Q2 Earnings and Revenue Estimates

Watts Water (WTS) came out with quarterly earnings of $3.09 per share, beating the Zacks Consensus Estimate of$ 2.68 per share. This compares to earnings of $2.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +15.30%. A quarter ago, it was expected that this maker of valves for plumbing, heating and water needs would post earnings of$ 2.12 per share when it actually produced earnings of $2.37, delivering a surprise of +11.79 ...