Waters (WAT) Scheduled to Post Quarterly Earnings on Tuesday
Waters (NYSE:WAT) will be releasing its earnings data before the market opens on Tuesday, January 23rd. Analysts expect Waters to post earnings of $2.43 per share for the quarter.
Waters (NYSE:WAT) last posted its quarterly earnings results on Tuesday, October 24th. The medical instruments supplier reported $1.77 earnings per share for the quarter, topping the consensus estimate of $1.74 by $0.03. The company had revenue of $565.58 million during the quarter, compared to the consensus estimate of $555.25 million. Waters had a return on equity of 23.61% and a net margin of 24.34%. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.57 EPS. On average, analysts expect Waters to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.
Waters (NYSE:WAT) opened at $210.72 on Monday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 5.71 and a current ratio of 6.16. The firm has a market capitalization of $16,759.19, a price-to-earnings ratio of 31.08, a PEG ratio of 2.82 and a beta of 0.82. Waters has a 12 month low of $137.72 and a 12 month high of $211.65.
In other news, Director Joann A. Reed sold 1,386 shares of Waters stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $194.07, for a total transaction of $268,981.02. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William J. Miller sold 3,500 shares of Waters stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of $194.94, for a total value of $682,290.00. Following the sale, the director now owns 25,849 shares of the company’s stock, valued at approximately $5,039,004.06. The disclosure for this sale can be found here. In the last 90 days, insiders sold 93,159 shares of company stock valued at $18,412,172. 5.07% of the stock is owned by corporate insiders.
Waters Corporation is an analytical instrument manufacturer. The Company operates through two segments: Waters and TA. It designs, manufactures, sells and services high performance liquid chromatography (HPLC), ultra performance liquid chromatography (UPLC and together with HPLC, referred to as LC) and mass spectrometry (MS) technology systems and support products, including chromatography columns, other consumable products and post-warranty service plans.
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