BUZZ-Xylem shares fall after the company lowers its annual profit and revenue forecasts

October 27 - ** Xylem (XYL.N) shares fell 8.3% pre-market to $99.20

** The water management company now expects adjusted earnings per share for fiscal 2026 to be between $5.40 and $5.45, lower than the previous (link) forecast of $5.55 to $5.70

** Fiscal 2026 revenue guidance has been sharply lowered from $9.2 billion to $8.95 billion

** XYL stated that increased interest and tax expenses, as well as cautious attitudes regarding project progress and spending, have weighed on performance

** Third-quarter adjusted profit was $336 million, or $1.44 per share, missing analysts’ expectations of $343 million (or $1.45 per share) — LSEG compiled data

** Of 22 brokerages, 15 rate XYL as "buy" or higher; 7 rate it "hold". The median target price is $141 — LSEG data

** As of the previous trading day’s close, the stock is down 20.5% year to date

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