Bearish Outcomes Internal operational deficiencies such as delay in project deliveries, coupled with macro issues like an unfavorable mix and inflation, marginally lowered the top-line results of Xylem's Water Infrastructure segment. Scopes for Improvement Amid the looming headwinds, Xylem's revenues and earnings in the fourth quarter of 2014 outpaced their respective Zacks Consensus Estimate. On Feb 13, 2015, we issued an updated research report on the premium diversified machinery company, Xylem Inc. ( XYL ).