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Waters Corp. (WAT)
NYSE:WAT
Earnings Data
Report Date
May 06, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
2.22Last Year’s EPS
2.21Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 12, 2025
|% Change Since: -6.04%
|Next Earnings Date:May 06, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong performance in Q4 with significant growth driven by new products and strong segments like Pharma and Academic. However, notable challenges remain, particularly regarding foreign exchange impacts and flat year-over-year sales. The outlook for 2025 is cautiously optimistic, backed by strong fundamentals and market recovery expectations.Company Guidance
In its recent earnings call, Waters Corporation provided guidance for the upcoming fiscal year, projecting 2025 constant currency sales growth of 4.5% to 7%, with a reported sales growth range of 2.5% to 5% due to anticipated foreign exchange headwinds. Instrument sales are expected to grow at approximately 4% to 4.5%, driven by a recovery in customer capital expenditure and a revitalized product portfolio. The company also forecasts non-GAAP earnings per fully diluted share to be between $12.70 and $13, representing a 7% to 10% growth, despite a projected 4% negative impact from foreign exchange. Recurring revenues, contributing steadily with a 6% to 7% growth rate, support the overall optimistic outlook. Waters' guidance is underpinned by strong momentum in its pharmaceutical segment, robust service attachment rates exceeding 50%, and significant opportunities in emerging markets like India, where the company expects 70 to 100 basis points of growth contribution.Strong Fourth Quarter Performance
Achieved high single-digit constant currency revenue growth of 8% and low teens adjusted EPS growth of 13% in Q4 2024. Non-GAAP EPS was $4.10, reflecting a 13% growth, and adjusted EPS grew 22% excluding FX impact.
Pharma and Academic Segments Lead Growth
Pharma sales grew 10% in Q4, with strong growth in Europe and Asia. Academic and Government segment grew 16%, driven by 35% growth in Asia and 20% growth in Europe.
New Product Success
Alliance iS constituted 20% of HPLC revenue in Q4, and Xevo TQ Absolute system unit sales grew 40% year-over-year, constituting 50% of tandem quad revenue.
PFAS Testing Market Leadership
PFAS revenue grew over 40% in Q4 and for the year, outpacing the market, which is estimated to grow at 20% annually.
Strong Full-Year Financials
Full-year non-GAAP EPS was $11.86, reflecting 1% growth despite a 5% decline due to FX. Recurring revenue grew 6% for the year.
Growth in Europe and India
Europe grew 11% in Q4, and India maintained high growth with over 25% for the year, contributing 70 to 100 basis points to overall growth.
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WAT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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WAT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 12, 2025 | $405.29 | $381.91 | -5.77% |
| Nov 01, 2024 | $323.11 | $387.21 | +19.84% |
| Jul 31, 2024 | $327.66 | $336.28 | +2.63% |
| May 07, 2024 | $319.86 | $326.06 | +1.94% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Waters Corp. (WAT) report earnings?
Waters Corp. (WAT) is schdueled to report earning on May 06, 2025, TBA Not Confirmed.
What is Waters Corp. (WAT) earnings time?
Waters Corp. (WAT) earnings time is at May 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WAT EPS forecast?
WAT EPS forecast for the fiscal quarter 2025 (Q1) is 2.22.
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