Waters Posts Disappointing 1Q
By:
DailyMarkets.com
Posted on April 24, 2012 at 14:18 PM EDT
Waters Corporation (NYSE:WAT) released its first-quarter 2012 earnings before the market opened today, reporting earnings per share from continuing operations of $1.00, below the Zacks Consensus Estimate of $1.09. Earnings in the quarter decreased from $1.04 in the first quarter of 2011. The top-line and bottom-line performance failed to meet the company’s expectations. Revenue On [...]
Waters Corporation (NYSE:WAT) released its first-quarter 2012 earnings before the market opened today, reporting earnings per share from continuing operations of $1.00, below the Zacks Consensus Estimate of $1.09. Earnings in the quarter decreased from $1.04 in the first quarter of 2011.
The top-line and bottom-line performance failed to meet the company’s expectations.
Revenue
On the top line, Waters reported total revenue of $428 million for the first quarter, down 2% year over year. Foreign … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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