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Xylem Inc. Q3 adjusted earnings Inline With Estimates

Xylem Inc. (XYL) revealed a profit for its third quarter that advanced from last year.

The company's earnings totaled $130 million, or $0.72 per share. This compares with $105 million, or $0.58 per share, in last year's third quarter.

Excluding items, Xylem Inc. reported adjusted earnings of $139 million or $0.77 per share for the period.

Analysts had expected the company to earn $0.77 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.5% to $1.29 billion from $1.20 billion last year.

Xylem Inc. earnings at a glance:

-Earnings (Q3): $139 Mln. vs. $119 Mln. last year.
-EPS (Q3): $0.77 vs. $0.65 last year.
-Analysts Estimate: $0.77
-Revenue (Q3): $1.29 Bln vs. $1.20 Bln last year.

Full year EPS guidance: $2.87 to $2.89

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