Watts Water's (WTS) Q2 Earnings & Revenues Beat, Rise Y/Y

Watts Water Technologies, Inc (WTS) reported second-quarter 2024 adjusted earnings per share (EPS) of $2.46, which increased 5% on a year-over-year basis and beat the Zacks Consensus Estimate by 5.1%. The company's quarterly net sales rose 12% year over year to$ 597.3 million. The top line surpassed the Zacks Consensus Estimate by 1.8%. Organic sales remained flat year over year. The company's performance benefited from higher revenue growth in the Asia-Pacific, the Middle East and Africa (APMEA) and the Am ...