earnings
confidence high
sentiment positive
materiality 0.75
Waters Q3 sales $709M (+7% reported, +15% cc); raises FY22 sales guidance
WATERS CORP /DE/
2022-Q3 EPS reported
$7.94
revenue$2,113,446,000
- GAAP EPS $2.60 flat YoY; non-GAAP EPS $2.64 vs $2.66 (FX headwind ~13%).
- Instrument sales +21% cc; recurring revenues +10% cc; all major geographies double-digit cc.
- Raised FY22 constant currency sales growth guidance to 11.5%-12%.
- Updated FY22 non-GAAP EPS guidance to $11.85-$11.95, including ~11% FX headwind.
- Q4 guidance: constant currency sales growth 6%-8%; non-GAAP EPS $3.66-$3.76.