Live In Play

Live In Play®

Updated: 03-Aug-21 06:53 ET

WAT: Waters beats by $0.31, beats on revs; guides Q3 EPS in-line; guides FY21 EPS above consensus (388.85)

Reports Q2 (Jun) earnings of $2.60 per share, excluding non-recurring items, $0.31 better than the S&P Capital IQ Consensus of $2.29; revenues rose 31.1% year/year to $681.7 mln vs the $625.36 mln S&P Capital IQ Consensus.
Co issues in-line guidance for Q3, sees EPS of $2.25-2.35 vs. $2.26 S&P Capital IQ Consensus.
- The Company expects full-year 2021 constant-currency sales growth in the range of 13% to 15%. Currency translation is expected to increase full-year sales growth by one to two percentage points.
Co issues upside guidance for FY21, sees EPS of $10.560-10.70 vs. $10.15 S&P Capital IQ Consensus.
- The Company expects full-year 2021 constant-currency sales growth in the range of 13% to 15%. Currency translation is expected to increase full-year sales growth by one to two percentage points.