Waters (WAT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

By Zacks Equity Research | May 06, 2025, 10:00 AM

For the quarter ended March 2025, Waters (WAT) reported revenue of $661.71 million, up 3.9% over the same period last year. EPS came in at $2.25, compared to $2.21 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $654.63 million, representing a surprise of +1.08%. The company delivered an EPS surprise of +1.35%, with the consensus EPS estimate being $2.22.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Waters performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Net Sales- Water Division: $587.30 million versus the two-analyst average estimate of $578.15 million. The reported number represents a year-over-year change of +4.5%.
  • Net Sales- TA Division: $74.41 million versus $77.60 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -0.7% change.
  • Net Sales- Product sales: $400.53 million versus the two-analyst average estimate of $379.44 million. The reported number represents a year-over-year change of +6.5%.
  • Net Sales- Service net sales- TA service: $23.91 million compared to the $23.34 million average estimate based on two analysts. The reported number represents a change of -1.4% year over year.
  • Net Sales- Product Net Sales- Chemistry consumables: $137.64 million versus $138.45 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +2.6% change.
  • Net Sales- Product Net Sales- TA instrument systems: $50.50 million versus $52.82 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -0.4% change.
  • Net Sales- Service net sales- Waters service: $237.27 million compared to the $249.33 million average estimate based on two analysts. The reported number represents a change of +0.4% year over year.
  • Net Sales- Product Net Sales- Waters instrument systems: $212.40 million compared to the $188.18 million average estimate based on two analysts. The reported number represents a change of +11.1% year over year.
View all Key Company Metrics for Waters here>>>

Shares of Waters have returned +6.9% over the past month versus the Zacks S&P 500 composite's +11.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report


 
Waters Corporation (WAT): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

Mentioned In This Article

Latest News