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Watts Water Technologies, Inc. (WTS) Q1 2026 Earnings Cal...
2026-05-07 · via All Articles on Seeking Alpha

Q1: 2026-05-06 Earnings Summary

EPS of $3.04 beats by $0.35

 | 

Revenue of

$677.30M

(21.38% Y/Y)

beats by $39.17M

Watts Water Technologies, Inc. (WTS) Q1 2026 Earnings Call May 7, 2026 9:00 AM EDT

Company Participants

Diane McClintock - Chief Financial Officer
Robert Pagano - Chairman, President & CEO

Conference Call Participants

Nathan Jones - Stifel, Nicolaus & Company, Incorporated, Research Division
Michael Halloran - Robert W. Baird & Co. Incorporated, Research Division
Jeffrey Hammond - KeyBanc Capital Markets Inc., Research Division
Andrew Krill - Deutsche Bank AG, Research Division
Jae Hyun Ko - Jefferies LLC, Research Division
Jeffrey Reive - RBC Capital Markets, Research Division
Christopher Grenga - TD Cowen, Research Division

Presentation

Operator

Welcome to Watts Water Technologies, Inc. First Quarter 2026 Earnings Call. [Operator Instructions]

I will now turn the call over to Diane McClintock, Chief Financial Officer. Please go ahead.

Diane McClintock
Chief Financial Officer

Thank you, and good morning, everyone. Welcome to our first quarter earnings conference call.

Before we begin, I'd like to remind everyone that during this call, we may be making certain comments that constitute forward-looking statements. These statements are subject to numerous risks and uncertainties that could cause actual results to differ materially. For information concerning these risks, see Watts' publicly available filings with the SEC. The company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Today's webcast is accompanied by a presentation, which can be found in the Investor Relations section of our website. We will reference this presentation throughout our prepared remarks. Any reference to non-GAAP financial information is reconciled in the appendix to the presentation.

With that, I will turn the call over to Bob.

Robert Pagano
Chairman, President & CEO

Thank you, Diane, and good morning, everyone. Please turn to Slide 3, and I'll provide an overview of the first quarter. We began 2026 with better-than-expected results, including record sales, operating income, operating margin and earnings per