| DD |
Report |
Adjusted EPS (post-split) |
BEAT |
pred ~$1.83 vs. cons $1.78 |
MEDIUM |
| DD |
Report |
Operating EBITDA |
BEAT |
pred ~$438M vs. cons $430M |
MEDIUM |
| DD |
Report |
Net sales |
IN-LINE |
pred ~$1.81B vs. cons $1.80B |
MEDIUM |
| DD |
Guide |
FY26 adjusted EPS guidance |
LOWER |
guide ~$7.13 vs. cons $7.18 (FY26) |
MEDIUM |
| DD |
Guide |
FY26 operating EBITDA guidance |
LOWER |
guide ~$1.745B vs. cons $1.755B (FY26) |
MEDIUM |
| DD |
Guide |
FY26 net sales guidance |
LOWER |
guide ~$7.185B vs. cons $7.21B (FY26) |
MEDIUM |
| DD |
Guide |
2H26 Water organic-growth commentary |
UNCHANGED |
guide ~high-single-digit growth (~8%) vs. cons ~8% (2H26) |
LOW |
| DD |
Return |
Day-1 residual (stock − beta × S&P 500) |
+2.8% |
— |
MEDIUM |
| DD |
Return |
5-day cumulative residual |
+1.2% (FADE) |
A modest 2Q EPS/EBITDA beat should initially support the shares, but unchanged FY26 guidance at roughly $7.13 EPS versus ~$7.18 consensus implies modest out-period estimate cuts. The market should fade part of the initial positive reaction as Water second-half project timing, construction softness, and price-cost execution remain unresolved. |
MEDIUM |