Waters rises after lifting annual profit forecast

Waters

04/11/2025 13:32

** Shares of lab-equipment maker Waters Corp WAT.N rise 4.2% to $360 premarket

** Company raises its forecast for annual adjusted profit per share in the range of $13.05 to $13.15, up from its prior forecast of $12.95 to $13.05 per share

** Posts Q3 adjusted profit of $3.4 per share, above analysts' average estimate of $3.2 per share - LSEG data

** Waters also forecasts Q4 adjusted profit per share in the range of $4.45 to $4.55 versus estimate of $4.59 per share

** As of last close, stock down 6.8% YTD

(Reporting by Siddhi Mahatole)

((siddhi.mahatole@thomsonreuters.com))