Waters Corp falls on dour quarterly profit outlook

Waters

12/02/2025 12:38

** Shares of lab equipment maker Waters Corporation  WAT.N 
down 3.8% at $390 premarket
    ** Co sees Q1 profit in the range of $2.17 and $2.25 per
share, below Wall Street estimates of $2.42, hurt by a stronger
dollar
    ** Sees 2025 adj profit in the range of $12.7 to $13 per
share, in line with analysts' estimates of $12.85 
    ** Expects around 7% hit to profit in Q1 and about 4% for
2025
    ** Co earned more than half of its revenue in 2024 from
markets in Asia and Europe 
    ** Co posts Q4 adj profit of $4.1 per share, beating 
analysts' estimates of $4.03, on strong demand for its products
and services used in drug development and manufacturing
    ** In the last 12 months, WAT rose 20.1% 

 (Reporting by Siddhi Mahatole)
 ((Siddhiprabhanjan.mahatole@thomsonreuters.com))