Waters Corporation (NYSE: WAT) Reports First Quarter 2021 Financial Results
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Waters Corp. (WAT) Tops Q1 EPS by 72c, Revenues Beat; Offers 2Q & FY21 EPS Guidance Above Consensus
May 5, 2021 6:54 AM EDTWaters Corp. (NYSE: WAT) reported Q1 EPS of $2.29, $0.72 better than the analyst estimate of $1.57. Revenue for the quarter came in at $609 million versus the consensus estimate of $525.29 million.
Sales of $609 million grew 31% as reported and 27% in constant currencyGAAP EPS of $2.37; non-GAAP EPS of $2.29, a 99% increase from prior yearAdjusted free cash flow of $193 million, a 60% increase from prior yearDouble-digit sales growth across all end markets and product categoriesBroad-based growth across all geographies, led by triple-digit growth in... More