Will Waters (WAT) Beat Estimates Again in Its Next Earnings Report?

Core Viewpoint - Waters (WAT) is positioned well to continue its trend of beating earnings estimates, particularly in the Zacks Medical - Instruments industry [1]. Group 1: Earnings Performance - Waters has a strong history of beating earnings estimates, with an average surprise of 5.66% over the last two quarters [2]. - In the last reported quarter, Waters achieved earnings of $4.10 per share, surpassing the Zacks Consensus Estimate of $4.02 per share by 1.99% [3]. - For the previous quarter, the company reported earnings of $2.93 per share against an expectation of $2.68 per share, resulting in a surprise of 9.33% [3]. Group 2: Earnings Estimates and Predictions - Estimates for Waters have been trending higher, supported by its history of earnings surprises [6]. - The stock has a positive Zacks Earnings ESP of +0.20%, indicating increased analyst optimism regarding its near-term earnings potential [9]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with a historical success rate of nearly 70% for stocks with this combination [7][9]. Group 3: Upcoming Earnings Report - Waters' next earnings report is anticipated to be released on May 6, 2025 [9].