Waters: Q4 Earnings Insights

Shares of Waters WAT rose 0.0% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share increased 14.06% over the past year to $3.65, which beat the estimate of $2.89.

Revenue of $786,658,000 higher by 9.82% year over year, which beat the estimate of $713,710,000.

Outlook

Water said it sees FY21 EPS of $9.32-$9.57 and expects sales growth of 5%-8%.

Conference Call Details

Date: Feb 02, 2021

Time: 08:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=&eventid=2948037&sessionid=1&key=B067C6341EDE9884785662CF9B37BA0D&regTag=&V2=false&sourcepage=register

Price Action

52-week high: $276.76

Company's 52-week low was at $154.39

Price action over last quarter: Up 19.59%

Company Description

Water offers liquid chromatography, mass spectrometry, and thermal analysis tools primarily to biopharmaceutical and other industrial customers. These analytical instruments provide essential information on various products, such as their molecular structures and physical properties, to help clients enhance the health and well-being of end users. For Waters, instruments/informatics, services, and consumables account for approximately 48%, 35%, and 17% of sales, respectively.