Benzinga | Aug 3, 2021 06:58AM EDT

Xylem Raises FY21 Organic Revenue Growth Guidance From 5-7% To 9-11%; Sees FY21 Adj. EPS 42.55-$2.70 vs $2.71 Est.

Xylem now expects full-year organic revenue growth to be in the range of 6 to 8 percent, and 9 to 11 percent on a reported basis. This represents an increase from the Company's previous full-year organic revenue guidance of 5 to 7 percent, and 8 to 10 percent on a reported basis. Full-year adjusted earnings per share is now expected to be in the range of $2.55 to $2.70. The increased guidance reflects commercial momentum from the first half, as well as continuing demand and price realization in the second half, partially offset by incremental inflation and supply chain challenges.