earnings
confidence high
sentiment positive
materiality 0.75
Waters Q3 sales $740M (+4% YoY); GAAP EPS $2.71, non-GAAP $2.93; raises FY guidance
WATERS CORP /DE/
2024-FY EPS reported
$2.71
revenue$740,305,000
- Sales $740M (+4% as reported and constant currency); GAAP EPS $2.71, non-GAAP EPS $2.93, beating guidance.
- Instrument system sales returned to growth (+1%); recurring revenues up 6% as reported (7% constant currency).
- FY 2024 organic constant currency sales growth guidance raised to -0.9% to -0.3%; non-GAAP EPS raised to $11.67-$11.87.
- Q4 2024 guidance: constant currency sales growth +5% to +7%; non-GAAP EPS $3.90-$4.10.