WASHINGTON (AP) _ Xylem Inc. (XYL) on Tuesday reported third-quarter net income of $12 million.

The Washington-based company said it had net income of 7 cents per share. Earnings, adjusted for non-recurring costs, were 79 cents per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share.

The water and wastewater treatment company posted revenue of $1.38 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $1.33 billion.

Xylem expects full-year earnings in the range of $2.65 to $2.75 per share.

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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