Waters Corporation (NYSE: WAT) Reports First Quarter 2019 Financial Results
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Waters Corp. (WAT) PT Lowered to $210 at Cowen
April 23, 2019 3:46 PM EDTCowen analyst Doug Schenkel lowered the price target on Waters Corp. (NYSE: WAT) to $210.00 (from $240.00) while maintaining a Market Perform rating.
Q1 was "holistically disappointing.""Reset guidance looks reasonable; that said, we think shares are fairly valued at current levels."... MoreWaters Corp. (WAT) Misses Q1 EPS by 12c, Revenues Miss; Offers FY19 & 2Q EPS Guidance Below Consensus
April 23, 2019 6:52 AM EDTWaters Corp. (NYSE: WAT) reported Q1 EPS of $1.60, $0.12 worse than the analyst estimate of $1.72. Revenue for the quarter came in at $514 million versus the consensus estimate of $545.33 million.
Sales of $514 million declined 3% as reported and were flat in constant currencyRecurring revenue... More