logo
Plus   Neg
Share
Email

Waters Corp. Q1 adjusted earnings Beat Estimates

Waters Corp. (WAT) announced earnings for its first quarter that increased from the same period last year.

The company's profit came in at $111.95 million, or $1.40 per share. This compares with $105.56 million, or $1.31 per share, in last year's first quarter.

Excluding items, Waters Corp. reported adjusted earnings of $126.49 million or $1.59 per share for the period.

Analysts had expected the company to earn $1.55 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.6% to $530.67 million from $497.70 million last year.

Waters Corp. earnings at a glance:

-Earnings (Q1): $126.49 Mln. vs. $117.62 Mln. last year.
-EPS (Q1): $1.59 vs. $1.46 last year.
-Analysts Estimate: $1.55
-Revenue (Q1): $530.67 Mln vs. $497.70 Mln last year.

-Guidance:
Full year EPS guidance: $8.10 to $8.30

For comments and feedback contact: editorial@rttnews.com

RELATED NEWS
Follow RTT