Benzinga | May 4, 2021 04:26PM EDT

Watts Water Technologies Q1 EPS $1.23 Beats $1.00 Estimate, Sales $413.30M Beat $386.01M Estimate

Watts Water Technologies (NYSE:WTS) reported quarterly earnings of $1.23 per share which beat the analyst consensus estimate of $1.00 by 23 percent. This is a 29.47 percent increase over earnings of $0.95 per share from the same period last year. The company reported quarterly sales of $413.30 million which beat the analyst consensus estimate of $386.01 million by 7.07 percent. This is a 8.02 percent increase over sales of $382.60 million the same period last year.