NYSE$ZWS
Zurn Elkay Water Solutions Corporation · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Zurn Water Solutions reported fourth quarter financial results, showcasing sales growth and strategic acquisitions.
Zurn Water Solutions reported a 23% increase in net sales to $232 million for the fourth quarter of 2021. Adjusted EPS was $0.22, and Adjusted EBITDA reached $45 million. The company completed the acquisition of Wade Drains and saw core sales grow by 16%.
- Net sales increased 23% to $232 million compared to the previous year.
- Net income from continuing operations was $3 million, or $0.02 diluted EPS.
- Adjusted EPS was $0.22, up from $0.09 in the year-ago quarter.
- Adjusted EBITDA was $45 million, representing 19.4% of net sales.
Headline financials
Revenue & EPS history
Zurn Elkay · Revenue · Quarterly
$232M
Forward guidance
For the first quarter of 2022, Zurn expects total sales to increase by a high teens percentage year over year. Adjusted EBITDA margin, excluding corporate costs, is expected to range between 24% and 24.5%, with corporate expenses approximating $7 million. The company continues to expect double-digit core growth for 2022 with robust Adjusted EBITDA margins and strong free cash flow.
Tailwinds
- Expects Zurn total sales to increase year over year by a high teens percentage.
- Adjusted EBITDA margin, excluding corporate costs, to range between 24% and 24.5%.
- Corporate expenses to approximate $7 million.
- Continue to expect double digit core growth for 2022
- Expects robust Adjusted EBITDA margins and strong free cash flow.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2021
+1.0%
Avg return
Earnings day
+1.4%
Avg return
5 days after
+4.7%
Avg return
30 days after
62%
36 / 58 earnings
Positive
+13.5%
Q4 2020
Best reaction
-18.5%
Q1 2012
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +9.4% | +10.1% | +0.1% | |
| Q4 2025 | +10.0% | +11.6% | +0.7% | |
| Q3 2025 | +3.6% | +2.2% | +3.6% | |
| Q1 2025 | +4.9% | +8.3% | +14.1% | |
| Q4 2024 | -3.3% | -3.6% | -10.2% | |
| Q3 2024 | -0.4% | +2.8% | +10.0% | |
| Q2 2024 | +0.7% | -5.3% | +0.0% | |
| Q1 2024 | +0.1% | -1.2% | -1.1% | |
| Q4 2023 | +6.4% | +3.3% | +2.7% | |
| Q3 2023 | +5.0% | +9.9% | +13.0% | |
| Q2 2023 | +6.6% | +11.4% | +5.6% | |
| Q1 2023 | -4.5% | +0.7% | +3.7% | |
| Q4 2022 | +8.0% | +4.3% | +0.0% | |
| Q3 2022 | -8.1% | -5.8% | +2.6% | |
| Q2 2022 | -8.9% | -6.9% | -2.6% | |
| Q1 2022 | -7.1% | -10.3% | -20.4% | |
| Q4 2021 | +4.9% | +0.7% | +8.7% | |
| Q3 2021 | -1.1% | -0.3% | +2.1% | |
| Q2 2021 | +9.2% | +8.7% | +22.4% | |
| Q1 2021 | +1.6% | +2.8% | +5.9% | |
| Q4 2020 | +13.5% | +11.7% | +18.6% | |
| Q3 2020 | -4.1% | -0.0% | +19.5% | |
| Q2 2020 | -1.2% | -5.4% | -2.7% | |
| Q1 2020 | -9.4% | -13.5% | +22.0% | |
| Q4 2019 | +1.4% | +0.5% | +4.5% | |
| Q3 2019 | +5.3% | +6.1% | +9.1% | |
| Q2 2019 | +11.0% | +17.3% | +15.3% | |
| Q1 2019 | -0.9% | -0.7% | +2.8% | |
| Q4 2018 | -1.2% | +0.6% | +4.0% | |
| Q3 2018 | +4.5% | -2.9% | -0.2% | |
| Q2 2018 | -2.2% | -1.9% | -4.0% | |
| Q1 2018 | +0.4% | -0.6% | +0.5% | |
| Q4 2017 | -0.3% | -0.3% | +1.2% | |
| Q3 2017 | -1.1% | +1.9% | +4.6% | |
| Q2 2017 | -11.7% | -6.2% | +3.7% | |
| Q1 2017 | +2.5% | +0.5% | +10.7% | |
| Q4 2016 | -3.1% | — | — | |
| Q3 2016 | +2.8% | — | — | |
| Q2 2016 | +10.4% | — | — | |
| Q1 2016 | +2.6% | — | — | |
| Q4 2015 | -6.6% | — | — | |
| Q3 2015 | +1.6% | — | — | |
| Q2 2015 | -3.8% | — | — | |
| Q1 2015 | +0.8% | — | — | |
| Q4 2014 | -4.5% | — | — | |
| Q3 2014 | -4.3% | — | — | |
| Q2 2014 | +6.1% | — | — | |
| Q1 2014 | +4.7% | — | — | |
| Q4 2013 | +5.4% | — | — | |
| Q3 2013 | +3.5% | — | — | |
| Q3 2012 | +3.5% | — | — | |
| Q2 2013 | +1.6% | — | — | |
| Q1 2012 | -18.5% | — | — | |
| Q1 2013 | +1.6% | — | — | |
| Q4 2012 | +2.6% | — | — | |
| Q4 2011 | +2.6% | — | — | |
| Q2 2012 | +2.6% | — | — | |
| Q4 2010 | +2.6% | — | — |
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