A Look Ahead: Waters's Earnings Forecast

Waters (NYSE:WAT) is preparing to release its quarterly earnings on Friday, 2024-11-01. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Waters to report an earnings per share (EPS) of $2.68.

Anticipation surrounds Waters's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Historical Earnings Performance

The company's EPS beat by $0.07 in the last quarter, leading to a 4.83% increase in the share price on the following day.

Here's a look at Waters's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

2.56

2.10

3.55

2.55

EPS Actual

2.63

2.21

3.62

2.84

Price Change %

5.0%

-1.0%

-2.0%

-2.0%

Waters Share Price Analysis

Shares of Waters were trading at $326.59 as of October 30. Over the last 52-week period, shares are up 24.59%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Perspectives on Waters

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Waters.

Waters has received a total of 4 ratings from analysts, with the consensus rating as Buy. With an average one-year price ...