Published on 2 Nov 2021 on Zacks via Yahoo Finance
Waters Corporation WAT has reported third-quarter 2021 non-GAAP earnings of $2.66 per share, which surpassed the Zacks Consensus Estimate by 13.7%. Further, the bottom line improved 23% on a year-over-year basis.Net sales of $659.2 million beat the Zacks Consensus Estimate of $652.3 million. The figure was up 11% from the year-ago quarter on a reported basis as well as on a constant-currency basis.Top-line growth was driven by solid momentum across pharmaceutical and industrial end markets. Strong performance in Asia, the Americas and Europe contributed well. Strong performance delivered by the Waters and TA segments was another positive.However, the company witnessed sluggishness in the governmental and academic end market.
Waters Corporation price-consensus-eps-surprise-chart | Waters Corporation Quote
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