Profile
Sector:
HealthcareIndustry:
Diagnostics & ResearchCountry:
United StatesIPO:
17 November 1995Website:
http://www.waters.comNext earnings report:
06 February 2025Last dividends:
26 November 1996Next dividends:
N/APrice
regular market | 3 min agoDividend
Analysts recommendations
Institutional Ownership
WAT Latest News
MILFORD, Mass. , Nov. 20, 2024 /PRNewswire/ -- Waters Corporation (NYSE:WAT) announced that Udit Batra Ph.D.
Carson Block, founder and CIO of Muddy Waters Research, joins CNBC's 'The Exchange' to discuss why his firm is shorting e.l.f. Beauty, why he believes the company may be lying about some of its data, and more.
A new 45,000 square foot facility has been opened at Longbridge Business Park, which focuses on science and technology, to accommodate engineering and skilled manufacturing workers. Waters has expanded its manufacturing space three times larger and enhanced its precision machining and metrology capabilities to prepare for future growth.
PITTSBURGH--(BUSINESS WIRE)--Confluence Technologies, Inc. (“Confluence”), a worldwide provider of technology solutions for regulatory, analytics, and investor communications in the investment management sector, is excited to share that its Revolution solution for multi-asset performance, attribution, and risk analytics has been recognized as the Best Buy-side Risk Management Initiative in the Last 12 Months by Waters Technology's Buy-side Technology Awards. This achievement marks the fourth time Confluence has received this honor.
WAT's results for the third quarter of 2024 indicate growth in the pharmaceutical and industrial sectors. However, a decline in sales in China presents some challenges.
Waters Corp. (WAT) saw its shares jump by almost 20% on Friday, making it the best performer in the S&P 500 for the day. This increase followed the company's announcement of third-quarter sales and earnings that exceeded what analysts had expected.
After two days of poor trading, major U.S. stock indexes ended the week positively, rising on Friday. Investors were encouraged by strong earnings reports from Amazon, a giant in e-commerce and cloud computing.
Waters Corp increased its yearly profit prediction after surpassing Wall Street's expectations for third-quarter earnings and revenue on Friday. This improvement was due to higher demand for its products and services used in drug development and research.
Waters Corporation reported sales of $740 million for the third quarter of 2024, surpassing expectations with a 4% increase in both reported and constant currency. All regions and end markets, particularly Pharma & Industrial, showed growth, while recurring revenue rose by high single digits in constant currency. The company also raised its full-year sales and earnings per share guidance, anticipating 5% to 7% growth in constant currency for the fourth quarter.
Waters Corporation (NYSE:WAT) will hold its Q3 2024 Earnings Conference Call on November 1, 2024, at 8:00 AM ET. The call will feature company representatives, including Caspar Tudor, Udit Batra, and Amol Chaubal, along with analysts from various financial firms. Participants will be in listen-only mode until the Q&A session starts.
What type of business is Waters?
Waters Corporation is an American company specializing in the development and provision of measuring instruments and tools. It was founded in 1958, with its headquarters located in Milford, Massachusetts. The company's activities include the development, production, sales, and servicing of high-performance liquid chromatography (HPLC) systems, ultra high-performance liquid chromatography (UHPLC) systems, and mass spectrometry technological systems and products, including chromatographic columns, other consumables, and comprehensive post-warranty service plans. Additionally, the company develops and manufactures instruments for thermal analysis, rheometry, and calorimetry, as well as modern software solutions that interact with the equipment and systems.
What sector is Waters in?
Waters is in the Healthcare sector
What industry is Waters in?
Waters is in the Diagnostics & Research industry
What country is Waters from?
Waters is headquartered in United States
When did Waters go public?
Waters initial public offering (IPO) was on 17 November 1995
What is Waters website?
https://www.waters.com
Is Waters in the S&P 500?
Yes, Waters is included in the S&P 500 index
Is Waters in the NASDAQ 100?
No, Waters is not included in the NASDAQ 100 index
Is Waters in the Dow Jones?
No, Waters is not included in the Dow Jones index
When was Waters the previous earnings report?
No data
When does Waters earnings report?
The next expected earnings date for Waters is 06 February 2025