RYE BROOK, N.Y. (AP) _ Xylem Inc. (XYL) on Tuesday reported second-quarter net income of $113 million.

The Rye Brook, New York-based company said it had net income of 62 cents per share. Earnings, adjusted for non-recurring costs, were 66 cents per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.

The water and wastewater treatment company posted revenue of $1.35 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $1.31 billion.

Xylem expects full-year earnings in the range of $2.55 to $2.70 per share.

Xylem shares have climbed 23% since the beginning of the year, while the S&P's 500 index has increased 17%. The stock has risen 72% in the last 12 months.

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

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