Watts Water Tech Beats Expectations, Faces Tariff Uncertainty

Watts Water Technologies Q3 earnings surpass expectations, with revenue up 12.5% and EPS exceeding estimates by 10.5%. Despite strong results, the market reacts negatively due to concerns about future challenges. The company sees robust organic growth in the Americas, offsetting a decline in Europe. Tariff uncertainty and supply chain disruptions weigh on investor sentiment. Watts plans to maintain pricing power and focus on integrating recent acquisitions and growing data center sales in North America.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.