Milford, Massachusetts. Waters Corp. reported fourth-quarter net income of $225.2 million Monday, or $3.77 per share, with adjusted earnings of $4.53 per share, beating analysts' expectations. Revenue rose to $932.4 million, above forecasts. The company projected first-quarter revenue of $1.2 billion to $1.21 billion and quarterly EPS of $2.25 to $2.35, and forecast full-year earnings of $14.30 to $14.50 per share on revenue of $6.41 billion to $6.46 billion. Analyst estimates from Zacks Investment Research were cited widely across reports. Other corporate reports this week included Dynatrace and CNA Financial quarterly results. Based on 6 articles reviewed and supporting research.
Prepared by Christopher Adams and reviewed by editorial team.
Shareholders, company management, and market analysts benefited from Waters exceeding revenue and adjusted earnings expectations, reinforcing guidance and supporting investor confidence in the company's growth trajectory.
Short-term traders positioned for weaker results and competing firms comparing quarter-to-quarter performance faced disadvantage from Waters' stronger-than-expected revenue and adjusted earnings.
No left-leaning sources found for this story.
Milford Waters Reports Q4 Results, Revenue Exceeds Estimates
KUSA.com WTOP FinanzNachrichten.de WHAS 11 Louisville WHAS 11 Louisville WHAS 11 LouisvilleNo right-leaning sources found for this story.
Comments