Waters Corp. (WAT) Tops Q4 EPS by 78c, Offers Q1 and FY Guidance
Waters Corp. (NYSE: WAT) reported Q4 EPS of $3.65, $0.78 better than the analyst estimate of $2.87. Revenue for the quarter came in at $787 million versus the consensus estimate of $711.25 million.
GUIDANCE:
Waters Corp. sees FY2021 EPS of $9.32-$9.57, versus the consensus of $9.32.
- The Company expects full-year 2021 constant-currency sales growth in the range of 5% to 8%. Currency translation is expected to increase full-year sales growth by one to two percentage points. The Company also expects full-year 2021 non-GAAP EPS in the range of $9.32 to $9.57. Please refer to the tables below for a reconciliation of the projected GAAP to non-GAAP financial outlook for the full-year.
Waters Corp. sees FY2021 EPS of $1.50-$1.60, versus the consensus of $1.52.
- The Company expects first quarter 2021 constant-currency sales growth in the range of 7% to 10%. Currency translation is expected to increase first quarter sales growth by approximately three percentage points. The Company also expects first quarter 2021 non-GAAP EPS in the range of $1.50 to $1.60. Please refer to the tables below for a reconciliation of the projected GAAP to non-GAAP financial outlook for the first quarter.
For earnings history and earnings-related data on Waters Corp. (WAT) click here.
