Waters Corp. Announces 0% Gain In Q3 Earnings

(RTTNews) - Waters Corp. (WAT) reported a profit for its third quarter that increased from last year.

The company said its bottom line totaled $117.24 million, or $1.42 per share. This was up from $116.79 million, or $1.38 per share, in last year's third quarter.

Analysts had expected the company to earn $1.40 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.5% to $500.58 million. This was up from $493.16 million last year.

Waters Corp. earnings at a glance:

-Earnings (Q3): $117.24 Mln. vs. $116.79 Mln. last year. -Earnings Growth (Y-o-Y): 0.4% -EPS (Q3): $1.42 vs. $1.38 last year. -EPS Growth (Y-o-Y): 2.9% -Analysts Estimate: $1.40 -Revenue (Q3): $500.58 Mln vs. $493.16 Mln last year. -Revenue Change (Y-o-Y): 1.5%