Waters Corp. (WAT) Tops Q2 EPS by 13c

Waters Corp. (NYSE: WAT) reported Q2 EPS of $1.58, $0.13 better than the analyst estimate of $1.45. Revenue for the quarter came in at $537 million versus the consensus estimate of $523.47 million.

Commenting on the Company’s performance, Christopher J. O’Connell, President and Chief Executive Officer said, “Continued strength in bio/pharmaceutical end markets and improvement in industrial end markets, as well as relatively balanced instrument and recurring revenue growth, highlighted our second quarter results. Disciplined execution of our business plan contributed to operating leverage and strong earnings per share growth, while we continued to invest in innovation to drive future growth.”

For earnings history and earnings-related data on Waters Corp. (WAT) click here.

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