-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師總結如下：XYL第一季業績喜憂參半，每股收益1.12美元，較預期高出0.04美元，主要得益於營運執行力的提升，但訂單量同比持平。營收21億美元，有機成長與去年同期持平，其中強勁的測量與控制（M&C）業務銷售額（成長15%）被水處理解決方案業務的下滑（下降15%）所抵銷。我們認為業績超預期主要歸功於利潤率的提升以及轉型措施帶來的營運改善，調整後EBITDA利潤率提升20個基點至20.6%。管理階層將全年營收預期從91億至92億美元上調至92億至93億美元，同時維持每股盈餘預期在5.35至5.60美元不變。各業務板塊業績表現不一，測量與控制業務憑藉強勁的智慧水處理技術需求，訂單量增長18%，成為成長引擎；而水處理解決方案業務的訂單量則因時間因素下降12%。我們認為，儘管面臨通膨壓力，XYL 的 80/20 簡化策略仍能繼續支撐其獲利能力，但我們認為維持不變的每股盈餘預期表明，公司缺乏信心，認為更高的銷售額將轉化為更高的利潤率。
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