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Xylem Inc. Q4 adjusted earnings Inline With Estimates

Xylem Inc. (XYL) reported a profit for its fourth quarter that climbed from last year.

The company's earnings came in at $225 million, or $1.24 per share. This compares with $71 million, or $0.38 per share, in last year's fourth quarter.

Excluding items, Xylem Inc. reported adjusted earnings of $159 million or $0.88 per share for the period.

Analysts had expected the company to earn $0.88 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.6% to $1.39 billion from $1.28 billion last year.

Xylem Inc. earnings at a glance:

-Earnings (Q4): $159 Mln. vs. $137 Mln. last year.
-EPS (Q4): $0.88 vs. $0.76 last year.
-Analysts Estimate: $0.88
-Revenue (Q4): $1.39 Bln vs. $1.28 Bln last year.

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