Xylem Lowers Revenue Guidance Amid Slower Project Timelines and Cautious Utility Spending
Xylem (XYL) has adjusted its financial outlook, lowering its revenue guidance to $8.95 billion. Management attributed the downward revision to a mixed operating environment where certain projects progressed more slowly than originally anticipated. The company noted that utility customers are exhibiting increased caution, leading to longer decision-making processes regarding spending. Despite these headwinds in revenue growth, Xylem provided an earnings per share (EPS) projection for 2026 in the range of $5.40 to $5.45.
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