Zurn Elkay Water Solutions Corporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2023
February 06, 2024 at 04:14 pm EST
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Zurn Elkay Water Solutions Corporation reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 356.8 million compared to USD 340.3 million a year ago. Net income was USD 13.9 million compared to USD 14.2 million a year ago.
Basic earnings per share from continuing operations was USD 0.08 compared to USD 0.06 a year ago. Diluted earnings per share from continuing operations was USD 0.08 compared to USD 0.06 a year ago. Basic earnings per share was USD 0.08 compared to USD 0.08 a year ago.
Diluted earnings per share was USD 0.08 compared to USD 0.08 a year ago.
Zurn Elkay Water Solutions Corp is a pure-play water management company. The Company designs, procures, manufactures, and markets a sustainable product portfolio of specification-driven water management solutions to improve health, human safety and the environment. The Company's product portfolio includes professional grade water safety and control products, flow system products, hygienic and environmental products, and filtered drinking water products for public and private spaces. Its products are marketed and sold under various brand names, including Zurn, Elkay, Wilkins, Green Turtle, World Dryer, StainlessDrains.com, JUST, Hadrian, Wade, and Halsey Taylor. It serves various range of institutional and commercial end markets, and waterworks and residential end markets. The institutional construction end users include education, healthcare, and government segments. The commercial construction end users include retail, office, lodging, dining, warehouse, and sports arena segments.