UPDATE: Waters Corp Posts Rise In Q4 Profit
Waters Corp (NYSE: WAT) reported a rise in its fourth-quarter profit.
Waters Corp posted a quarterly profit at $137.2 million, or $1.51 per share, versus $126.6 million, or $1.36 per share, in the year-earlier period. Its adjusted earnings came in at $1.56 per share. Its sales climbed 8% to $521.4 million. However, analysts were expecting earnings of $1.50 per share on revenue of $517.3 million.
Waters Corp shares closed at $78.76 yesterday.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.