Watts Water Technologies Raises FY26 Sales Guidance Above Analyst Estimates
Key Facts
Watts Water Technologies raised its fiscal year 2026 sales guidance to a range of $2.854 billion to $2.878 billion, scanx.trade reported. The new guidance range exceeds the average analyst estimate of $2.826 billion, signaling improved revenue visibility for the company. The revision follows third-quarter results where the company reported $728 million in revenue and adjusted earnings per share of $3.40, both of which beat previous expectations.
WTS closed at $353.30 on November 4, 2026, after trading between a day low of $348.77 and a high of $369.16. The guidance update effectively removes downside risk associated with the previous lower bound of $2.780 billion, as the new minimum target of $2.854 billion matches or exceeds the prior upper forecast limits.