News

Published on 2 Nov 2021 on Zacks via Yahoo Finance

Waters (WAT) Q3 Earnings & Revenues Beat Estimates, Rise Y/Y


Article preview image

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

Top Line in Detail

NYSE.WAT price evolution
NASDAQ.TRMB price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
Waters (NYSE:WAT) shareholders have earned a 6.7% CAGR over the last five years

If you buy and hold a stock for many years, you'd hope to be making a profit. But more than that,...

Simply Wall St. via Yahoo Finance 24 Mar 2024

Waters (WAT) Boosts PFAS Testing Solutions With New Cartridges

Waters WAT is leaving no stone unturned to capitalize on growth opportunities present in the Per-...

Zacks via Yahoo Finance 18 Mar 2024

CWT or PRMW: Which Water Utility Stock Should You Invest in?

The Zacks Utility - Water Supply industry includes companies that are involved in providing drink...

Zacks via Yahoo Finance 15 Mar 2024

Waters (WAT) Boosts Portfolio Strength With Rheo-IS Accessory

Waters WAT recently introduced a new accessory, namely, the Rheo-IS accessory, for its TA Instrum...

Zacks via Yahoo Finance 15 Mar 2024

Waters Corp Director Linda Baddour Sells Company Shares

Waters Corporation (NYSE:WAT), a global leader in analytical instruments and software for scienti...

GuruFocus.com via Yahoo Finance 14 Mar 2024

Three Solid Canadian Dividend Stocks With Minimum Yields Of 2.1%

Amid a buoyant Canadian market where the TSX reached its highest closing level since April 2022, ...

Simply Wall St. via Yahoo Finance 13 Mar 2024

Waters Corporation: A Great (Share Price) Run (NYSE:WAT)

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the...

Seeking Alpha 11 Mar 2024

Reasons to Add Primo Water (PRMW) to Your Portfolio Right Now

Primo Water Corporation’s PRMW growth prospects, strong dividend history and rising earnings esti...

Zacks via Yahoo Finance 7 Mar 2024

... It Mean For Coca-Cola, PepsiCo's Bottled Water Brands? - American Water Works (NYSE:AWK), Ambev...

The understudied threat of microplastics has become a major source of concern for large sectors o...

Benzinga 29 Feb 2024

Waters (WAT) Boosts LC Solutions Portfolio With New Software

Waters WAT is leaving no stone unturned to bolster its liquid chromatography (LC) solutions on th...

Zacks via Yahoo Finance 29 Feb 2024