We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Waters Corp | NYSE:WAT | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 5.67 | 1.80% | 321.25 | 327.51 | 319.095 | 321.05 | 507,299 | 01:00:00 |
From May 2019 to May 2024
Waters Corp.'s (WAT) fourth-quarter profit rose 4.8% on stabilizing demand and cost controls.
Reluctant spending among hospitals and universities poses a challenge to the laboratory-equipment maker and its peers. Chairman and Chief Executive Douglas Berthiaume said Tuesday the "steep economic slowdown and volatile capital markets combined to depress demand for laboratory instrumentation and supplies." In response, the company has mitigated slowing sales with careful spending.
Waters reported earnings of $104.1 million, or $1.08 a share, compared to $99.4 million, or $1.01 cents a share, a year earlier. Excluding acquisition and other charges, earnings rose to $1.12 from $1.07. Sales rose 3% to $428.8 million.
Analysts polled by Thomson Reuters forecast earnings of $1.09 on sales of $436 million.
Gross margin rose to 60.3% from 58.9%.
Shares closed Monday at $59.23 and were inactive premarket. The stock is up 60% the past year.
-By Rachel Rosenthal and Joel Stonington, Dow Jones Newswires; 212-416-2291; rachel.rosenthal@dowjones.com
1 Year Waters Chart |
1 Month Waters Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
