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Xylem Inc. (XYL), headquartered in Washington, District of Columbia, designs, manufactures, and services engineered products and solutions. With a market cap of $33.3 billion, the company's products include water and wastewater pumps, treatment and testing equipment, industrial pumps, valves, heat exchangers, and dispensing equipment. The leading global water technology company is expected to announce its fiscal third-quarter earnings for 2024 before the market opens on Thursday, Oct. 31.
Ahead of the event, analysts expect XYL to report a profit of $1.11 per share on a diluted basis, up 12.1% from $0.99 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.