North America and Europe Steam Trap Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type ; Application ; End-User
The North America and Europe steam trap market was valued at US$ 2,598. 67 million in 2020 and is projected to reach US$ 3,969. 11 million by 2028; it is expected to grow at a CAGR of 5. 6% during the forecast period of 2020 to 2028.
May 27, 2021 05:35 ET | Source: ReportLinker ReportLinker Lyon, FRANCE
New York, May 27, 2021 (GLOBE NEWSWIRE) Reportlinker.com announces the release of the report North America and Europe Steam Trap Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type ; Application ; End-User - https://www.reportlinker.com/p06075725/?utm source=GNW
Watts Water: Q1 Earnings Snapshot
May 4, 2021 GMT
NORTH ANDOVER, Mass. (AP) Watts Water Technologies Inc. (WTS) on Tuesday reported first-quarter earnings of $41.7 million.
On a per-share basis, the North Andover, Massachusetts-based company said it had profit of $1.23. Earnings, adjusted for non-recurring costs, came to $1.24 per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.01 per share.
The maker of valves for plumbing, heating and water needs posted revenue of $413.3 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $388.4 million.
Watts Water shares have risen almost 4% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $126.05, a climb of 54% in the last 12 months.
Operator
Good day, and thank you for standing by. Welcome to the Watts Water Technologies First Quarter 2021 Earnings Conference Call. [Operator Instructions]
I d now like to hand the conference over to your presenter today, Timothy M. MacPhee, Treasurer and Vice President, Investor Relations of Watts Water Technologies, Inc. Please go ahead. Thank you, and good morning, everyone. Welcome to our first quarter earnings conference call. Joining me today are Bob Pagano, CEO and President, and Shashank Patel, our CFO. During today s call, Bob will provide an overview of the first quarter and discuss the current state of the markets and our operations, Shashank will discuss the details of our first quarter performance and provide our outlook for the second quarter and our revised outlook for the full year 2021. Following our remarks, we will address questions related to the information covered during the call. Today s webcast is accompanied by a presentation, which can be found in the
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