Watts Water reports Q4 adjusted EPS $1.97, consensus $1.78

Reports Q4 revenue $548M, consensus $532.59M. Chief Executive Officer Robert J. Pagano Jr. commented, “We closed out 2023 with record results for the quarter and full year, including record sales, operating margin and adjusted earnings per share. I would like to express my gratitude to the entire Watts team for their dedication and support throughout the year as we delivered on our commitments to serve our customers, executed on new product development, including products to support our Smart and Connected strategy, and funded long-term investments.”