Water Infrastructure Stocks Q4 Highlights: Watts Water Technologies (NYSE:WTS)Let’s dig into the relative performance of Watts Water Technologies (
NYSE:WTS) and its peers as we unravel the now-completed Q4 water infrastructure earnings season.
1 Industrials Stock on Our Watchlist and 2 to IgnoreEven if they go mostly unnoticed, industrial businesses are the backbone of our country. Still, their generally high capital requirements expose them to the ups and downs of economic cycles, and the market seems to be baking in a prolonged downturn
as the industry has shed 6.2% over the past six months. This performance was discouraging since the S&P 500 stood firm.
A Look Back at Water Infrastructure Stocks’ Q4 Earnings: Tennant (NYSE:TNC) Vs The Rest Of The PackThe end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Tennant (
NYSE:TNC) and the rest of the water infrastructure stocks fared in Q4.
Unpacking Q4 Earnings: Xylem (NYSE:XYL) In The Context Of Other Water Infrastructure StocksThe end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how water infrastructure stocks fared in Q4, starting with Xylem (
NYSE:XYL).
Energy Recovery’s (NASDAQ:ERII) Q4 Earnings Results: Revenue In Line With ExpectationsEnergy recovery device manufacturer Energy Recovery (
NASDAQ:ERII) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 17.3% year on year to $67.08 million. Its non-GAAP profit of $0.50 per share was 24% above analysts’ consensus estimates.
Energy Recovery Reports its Fourth Quarter 2024 Financial Results
Energy Recovery, Inc. (Nasdaq:ERII) (“Energy Recovery” or the “Company”) today announced its financial results for the fourth quarter and year ended December 31, 2024.
Energy Recovery Announces New Share Repurchase Program
Energy Recovery, Inc. (Nasdaq: ERII) today announced its Board of Directors approved a share repurchase program to purchase up to $30 million of the company’s outstanding common stock over the next 12 months, beginning in February 2025.
Energy Recovery Appoints New CTO and VP, Wastewater
Energy Recovery, Inc. (Nasdaq: ERII) today announced the appointment of a new Chief Technology Officer and Vice President, Wastewater. Ram Ramanan will become CTO on March 3 following a handover from Farshad Ghasripoor, whose retirement comes after 12 years with the company. Energy Recovery also promoted David Kim-Hak to Vice President, Wastewater, a new role created to capitalize on growth opportunities in municipal and industrial wastewater treatment.
Earnings To Watch: Energy Recovery (ERII) Reports Q4 Results TomorrowEnergy recovery device manufacturer Energy Recovery (
NASDAQ:ERII) will be reporting results tomorrow afternoon. Here’s what you need to know.
Industrial Machinery Stocks Q3 Results: Benchmarking 3D Systems (NYSE:DDD)Looking back on industrial machinery stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including 3D Systems (
NYSE:DDD) and its peers.
Energy Recovery to Release Fourth Quarter and Full Year 2024 Financial Results
Energy Recovery, Inc. (NASDAQ: ERII or the Company) announced today it will release its financial results for the quarterly period and full year ending December 31, 2024. The Company will host a conference call to discuss the results and related matters on February 26, 2025, after market close.
Q3 Earnings Roundup: Mueller Water Products (NYSE:MWA) And The Rest Of The Water Infrastructure SegmentAs the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the water infrastructure industry, including Mueller Water Products (
NYSE:MWA) and its peers.
3 Reasons ERII Should Be High on Your WatchlistEnergy Recovery has had an impressive run over the past six months as its shares have beaten the S&P 500 by 13.2%. The stock now trades at $16.11, marking a 23.6% gain. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
Energy Recovery Wins “Breakthrough Innovation Award” at IDRA World Congress
At the 2024 IDRA World Congress show this week, Energy Recovery, Inc. (Nasdaq: ERII) was honored with The Breakthrough Innovation Award for Most Innovative Company in Desalination Technology. The award, announced at the IDRA World Congress Gala Dinner, “recognizes the pioneering efforts and transformative impact of a company, utility, or agency at the forefront of desalination technology.”
Spotting Winners: Watts Water Technologies (NYSE:WTS) And Water Infrastructure Stocks In Q3Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Watts Water Technologies (
NYSE:WTS) and its peers.
Energy Recovery Announces Share Repurchase Program
Energy Recovery, Inc. (Nasdaq: ERII) today announced that its Board of Directors approved a share repurchase program to purchase up to $50 million of the company's outstanding common stock over the next 12 months, beginning in November 2024.
Q3 Rundown: Tennant (NYSE:TNC) Vs Other Water Infrastructure StocksQuarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Tennant (
NYSE:TNC) and the best and worst performers in the water infrastructure industry.
Water Infrastructure Stocks Q3 Teardown: Xylem (NYSE:XYL) Vs The RestAs the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the water infrastructure industry, including Xylem (
NYSE:XYL) and its peers.
A Look Back at Water Infrastructure Stocks’ Q3 Earnings: Energy Recovery (NASDAQ:ERII) Vs The Rest Of The PackAs the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at water infrastructure stocks, starting with Energy Recovery (
NASDAQ:ERII).
Mueller Water Products (MWA) To Report Earnings Tomorrow: Here Is What To ExpectWater infrastructure products manufacturer Mueller Water Products
will be reporting results tomorrow after the bell. Here’s what you need to know.
What To Expect From Proto Labs’s (PRLB) Q3 EarningsManufacturing services provider Proto Labs (
NYSE:PRLB) will be reporting earnings tomorrow before the bell. Here’s what you need to know.
Energy Recovery (NASDAQ:ERII) Reports Sales Below Analyst Estimates In Q3 EarningsEnergy recovery device manufacturer Energy Recovery (
NASDAQ:ERII) fell short of the market’s revenue expectations in Q3 CY2024 as sales rose 4.2% year on year to $38.58 million. Its non-GAAP profit of $0.21 per share was 50% above analysts’ consensus estimates.
Energy Recovery Reports its Third Quarter 2024 Financial Results
Energy Recovery, Inc. (Nasdaq:ERII) (“Energy Recovery” or the “Company”) today announced its financial results for the third quarter and nine months ended September 30, 2024.