Zurn Water: Q2 Earnings Snapshot

MILWAUKEE (AP) — MILWAUKEE (AP) — Zurn Water Solutions Corporation (ZWS) on Tuesday reported second-quarter profit of $46 million.

On a per-share basis, the Milwaukee-based company said it had profit of 27 cents. Earnings, adjusted for one-time gains and costs, were 33 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share.

The motion control and water management company posted revenue of $412 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $408.9 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZWS at https://www.zacks.com/ap/ZWS