The company reported second-quarter earnings per share of $0.50 and revenue of $491M, exceeding analyst expectations.
Zurn Elkay Water Solutions posted Q2 non-GAAP earnings per share of $0.50, surpassing estimates by $0.03. Revenue reached $491M, up 10.3% year-over-year and $7.93M above consensus.
The results reflect stronger-than-expected demand in its core markets. Analysts had anticipated revenue of $483.07M and EPS of $0.47 for the quarter.
The company maintained a cautious outlook for the third quarter and full year, citing a quarter-by-quarter approach to guidance.