The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Waters's revenues will grow 0.1% and EPS will grow 1.9%.
The average estimate for revenue is $522.2 million. On the bottom line, the average EPS estimate is $1.59.
Last quarter, Waters tallied revenue of $450.0 million. GAAP reported sales were 1.0% lower than the prior-year quarter's $454.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $1.18. GAAP EPS of $1.12 for Q3 were 1.8% higher than the prior-year quarter's $1.10 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 59.4%, 90 basis points worse than the prior-year quarter. Operating margin was 27.1%, 90 basis points worse than the prior-year quarter. Net margin was 22.0%, 30 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.84 billion. The average EPS estimate is $4.93.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 313 members out of 328 rating the stock outperform, and 15 members rating it underperform. Among 106 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 103 give Waters a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Waters is outperform, with an average price target of $86.47.
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