The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Waters's revenues will expand 3.3% and EPS will increase 3.4%.
The average estimate for revenue is $466.4 million. On the bottom line, the average EPS estimate is $1.21.
Last quarter, Waters tallied revenue of $430.3 million. GAAP reported sales were 2.3% higher than the prior-year quarter's $420.5 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 $1.07. GAAP EPS of $1.39 for Q1 were 42% higher than the prior-year quarter's $0.98 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%, 80 basis points worse than the prior-year quarter. Operating margin was 25.4%, 80 basis points worse than the prior-year quarter. Net margin was 28.1%, 700 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $1.90 billion. The average EPS estimate is $5.21.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 316 members out of 331 rating the stock outperform, and 15 members rating it underperform. Among 96 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 95 give Waters a green thumbs-up, and one 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 $94.68.
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