Xylem shares jumped 4.4% in morning trading after the water technology company reported second-quarter results that beat profit estimates and raised its full-year earnings forecast. The company posted adjusted earnings of $1.46 per share, exceeding the analyst consensus of $1.34 by 9.2%. However, the quarter presented a mixed picture. Revenue of $2.34 billion met expectations, but adjusted EBITDA of $437 million missed estimates by 15.5%. Xylem also lowered its full-year revenue guidance to $9.2 billion at the midpoint. Despite these headwinds, investors focused on improved profitability. Operating margin increased to 16.7%, up from 13.3% in the same quarter last year. Reflecting this improvement, Xylem raised its full-year adjusted EPS guidance to a midpoint of $5.63.

Xylem raised its 2026 profit forecast on Tuesday after second-quarter results beat Wall Street estimates, driven by cost savings and price increases amid growing AI infrastructure demand. The water-management company now expects adjusted earnings of $5.55 to $5.70 per share, up from its previous forecast of $5.35 to $5.60 per share. CEO Matthew Pine said AI infrastructure expansion has increased demand for water solutions across semiconductor manufacturing, power generation and mining. On an adjusted basis, quarterly profit stood at $1.46 per share, beating analysts' estimate of $1.34 per share. Quarterly revenue rose 2% to $2.34 billion, in line with estimates. Shares rose more than 2% in premarket trading.

Xylem raises annual profit forecast as AI growth lifts demand for water-treatment equipment. 28 Jul 2026 07:52PM (Updated: 29 Jul 2026 12:24AM) Add CNA as a trusted source to help Google better understand and surface our content in search results. July 28: Xylem on Tuesday raised its 2026 profit forecast after its second-quarter results beat Wall Street estimates, as cost savings and price increases boosted profitability amid strengthening AI infrastructure demand. Shares of the company rose more than 2 per cent in premarket trading. - The water-management company now expects 2026 adjusted earnings of $5.55 to $5.70 per share, compared with its previous forecast of $5.35 to $5.60 per share. - CEO Matthew Pine said the expansion of AI infrastructure has increased demand for water solutions across semiconductor manufacturing, power generation, mining and other industries. - "The demand drivers behind our business continue to strengthen," Pine said, citing growing investment by utilities and industrial customers. - Xylem now expects annual revenue of about $9.2 billion compared to its prior range of $9.2 billion to $9.3 billion. - Analysts on average expect 2026 adjusted profit of $5.54 per share and revenue of $9.25 billion, according to data compiled by LSEG. - On an adjusted basis, quarterly profit stood at $1.46 per share, above analysts' estimate of $1.34 per share. - Xylem's quarterly revenue rose 2 per cent to $2.34 billion, in line with analysts' estimates. - Revenue in Xylem's water infrastructure business rose 5 per cent to $683 million. - Its water solutions and services segment recorded a 3 per cent increase in revenue to $644 million.