Waters (WAT) Q4 Earnings and Revenues Top Estimates

Core Insights - Waters (WAT) reported quarterly earnings of $4.10 per share, exceeding the Zacks Consensus Estimate of $4.02 per share, and showing an increase from $3.62 per share a year ago, representing an earnings surprise of 1.99% [1] - The company achieved revenues of $872.71 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.82% and up from $819.47 million year-over-year [2] - Waters has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.47 on revenues of $678.85 million, and for the current fiscal year, it is $12.80 on revenues of $3.1 billion [7] - The estimate revisions trend for Waters is currently unfavorable, leading to a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Medical - Instruments industry, to which Waters belongs, is currently ranked in the bottom 48% of over 250 Zacks industries, suggesting potential challenges for stocks in this sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact investor sentiment [5]