MILFORD, Mass., Aug. 14, 2024 /PRNewswire/ -- Waters Corporation (NYSE:WAT) today announced the appointment of Heather Knight to its Board of Directors effective August 14, 2024. Ms. Knight currently serves as Executive Vice President and Group President, Medical Products and Therapies at Baxter International. Heather is an accomplished leader who brings decades of experience across the pharma and medical device industries. Post this Waters Corporation appointed Heather Knight to its Board of Directors. She ...

Waters Corporation (WAT) reported second-quarter 2024 non-GAAP earnings of $2.63 per share, beating the Zacks Consensus Estimate by 3.1%. However, the bottom line decreased 6.1% on a year-over-year basis. Net sales of $708.53 million topped the Zacks Consensus Estimate of $698 million. The figure fell 4% both on a reported basis and constant currency basis from the year-ago quarter's readings. Softness in the pharmaceutical, industrial, and government and academic markets was a major concern. The weakening ...

Waters Corporation (NYSE:WAT) Q2 2024 Earnings Conference Call July 31, 2024 8:00 AM ET Company Participants Caspar Tudor - Head of Investor Relations Udit Batra - President and Chief Executive Officer Amol Chaubal - Senior Vice President and Chief Financial Officer Conference Call Participants Vijay Kumar - Evercore ISI Dan Brennan - TD Cowen Tycho Peterson - Jefferies Rachel Vatnsdal - JPMorgan Dan Arias - Stifel Jack Meehan - Nephron Research Catherine Schulte - Baird Operator Good morning. Welcome to th ...

Waters, which belongs to the Zacks Medical - Instruments industry, posted revenues of $708.53 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 1.51%. This compares to year-ago revenues of $740.58 million. The company has topped consensus revenue estimates three times over the last four quarters. While Waters has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? It will be interesting to see how estimates ...

Exhibit 99.1 For Immediate Release Contact: Caspar Tudor, Head of Investor Relations – (508) 482-2429 Waters Corporation (NYSE: WAT) Reports Second Quarter 2024 Financial Results Highlights • Sales of $709 million exceeded guidance on a reported basis, declined 4% as reported and 4% in organic constant currency • GAAP EPS of $2.40; earnings exceeded guidance with non-GAAP EPS of $2.63, led by strong operational performance • Beat driven by better-than-expected performance in China, as well as higher-than-ex ...

Waters Corporation (WAT) is scheduled to report its second-quarter 2024 results on Jul 31. WAT expects non-GAAP earnings between $2.50 and $2.60 per share. The Zacks Consensus Estimate for the same is pegged at $2.55 per share, suggesting a decline of 8.9% from the year-ago quarter's reported figure. The estimate has decreased by 2.3% over the past 60 days. Factors to Consider Increasing operational management initiatives across pricing and productivity, and proactive cost alignment are likely to have acted ...

Waters (WAT) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. Zacks Consensus Estimate Estimate Revisions Trend Earnings Whisper The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estim ...

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Company Overview - Waters Corporation is a global leader in analytical instruments and software, specializing in chromatography, mass spectrometry, and thermal analysis innovations for over 65 years [2] - The company employs approximately 7,700 individuals worldwide and operates directly in 35 countries, including 15 manufacturing facilities [2] - Waters Corporation's products are available in more than 100 countries [2] Upcoming Financial Results - Waters Corporation will hold its Q2 2024 financial results conference call on July 31, 2024, at 8:00 a.m. Eastern Time [1] - A live webcast of the presentation will be accessible on the Waters Investor Relations website, with a replay available until at least August 28, 2024 [1]

Waters Corporation (NYSE:WAT) Q1 2024 Earnings Conference Call May 7, 2024 8:30 AM ET Company Participants Caspar Tudor - Director, IR Udit Batra - President, CEO & Director Amol Chaubal - SVP & CFO Conference Call Participants Daniel Brennan - TD Cowen Vijay Kumar - Evercore ISI Michael Ryskin - Bank of America Merrill Lynch Daniel Leonard - UBS Douglas Schenkel - Wolfe Research Catherine Schulte - Robert W. Baird & Co. Matthew Sykes - Goldman Sachs Group Patrick Donnelly - Citigroup Rachel Vatnsdal - JPM ...