Waters Corporation (NYSE: WAT) Reports Third Quarter 2019 Financial Results

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Go back to Waters Corporation (NYSE: WAT) Reports Third Quarter 2019 Financial Results

Waters Corp. (WAT) Reports In-Line Q3 EPS, Revenues Miss; Lowers FY19 EPS Guidance Below Consensus, Offers Q4 EPS Views Below Consensus

October 29, 2019 6:53 AM EDT

Waters Corp. (NYSE: WAT) reported Q3 EPS of $2.13, in-line with the analyst estimate of $2.13. Revenue for the quarter came in at $577 million versus the consensus estimate of $588.88 million.

Sales of $577 million were flat as reported and grew 1% in constant currencyPharmaceutical growth of 3%, partially offset by other end marketsContinued growth in Asia, with weakness in the AmericasGAAP EPS of $2.07; non-GAAP EPS of $2.13, an 11% increase from prior year

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