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Waters Corp. Q4 adjusted earnings Beat Estimates

Waters Corp. (WAT) reported earnings for its fourth quarter that climbed from the same period last year.

The company's bottom line totaled $200.67 million, or $3.12 per share. This compares with $185.15 million, or $2.46 per share, in last year's fourth quarter.

Excluding items, Waters Corp. reported adjusted earnings of $205.94 million or $3.20 per share for the period.

Analysts had expected the company to earn $3.01 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.2% to $716.29 million from $715.02 million last year.

Waters Corp. earnings at a glance:

-Earnings (Q4): $205.94 Mln. vs. $216.53 Mln. last year.
-EPS (Q4): $3.20 vs. $2.87 last year.
-Analysts Estimate: $3.01
-Revenue (Q4): $716.29 Mln vs. $715.02 Mln last year.

Next quarter EPS guidance: $1.55 to $1.65

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