WAT
Waters Corporation
NYSE: WAT · HEALTHCARE · DIAGNOSTICS & RESEARCH
$292.13
-2.86% today
Updated 2026-04-29
Market cap
$28.68B
P/E ratio
27.12
P/S ratio
9.06x
EPS (TTM)
$10.77
Dividend yield
—
52W range
$275 – $414
Volume
1.1M
Waters Corporation (WAT) Earnings
Quarterly earnings history, analyst estimates, and stock price reaction.
EPS beat streak
8 of 8
Last 8 quarters
Avg EPS surprise
+1.9%
Last 4 quarters
Revenue YoY growth
+6.8%
Most recent quarter
EPS YoY growth
+10.5%
Most recent quarter
Earnings surprise history (last 12 quarters)
Beat estimate Missed estimate
Quarterly EPS and revenue trend
Quarterly revenue EPS (diluted)
How the stock reacts to earnings
Avg 1-day reaction
-3.2%
Last 3 reports
Positive reaction rate
33%
1 of 3 quarters
Largest single-day move
-14.2%
2026-02-09
| Report date | EPS actual | Surprise | Close before | Close after | 1-day reaction |
|---|---|---|---|---|---|
| 2026-02-09 | $4.53 | +0.4% | $381.29 | $327.02 | -14.2% |
| 2025-11-04 | $3.40 | +5.6% | $345.59 | $371.97 | +7.6% |
| 2025-08-04 | $2.95 | +0.3% | $290.31 | $281.19 | -3.1% |
Quarterly earnings history
| Fiscal quarter ending | EPS estimate | EPS actual | Surprise | Revenue | YoY revenue |
|---|---|---|---|---|---|
| 2025-12-31 | $4.51 | $4.53 | +0.4% | $932.36M | +6.8% |
| 2025-09-30 | $3.22 | $3.40 | +5.6% | $799.89M | +8.0% |
| 2025-06-30 | $2.94 | $2.95 | +0.3% | $771.33M | +8.9% |
| 2025-03-31 | $2.22 | $2.25 | +1.4% | $661.71M | +3.9% |
| 2024-12-31 | $4.03 | $4.10 | +1.7% | $872.71M | +6.5% |
| 2024-09-30 | $2.68 | $2.93 | +9.3% | $740.30M | +4.0% |
| 2024-06-30 | $2.56 | $2.63 | +2.7% | $708.53M | -4.3% |
| 2024-03-31 | $2.09 | $2.21 | +5.7% | $636.84M | — |
| 2023-12-31 | $3.55 | $3.62 | +2.0% | $819.47M | — |
| 2023-09-30 | $2.55 | $2.84 | +11.4% | $711.69M | — |
| 2023-06-30 | $2.59 | $2.80 | +8.1% | $740.58M | — |
Analyst EPS and revenue estimates for upcoming years
| Period | EPS estimate | Revenue estimate | Revenue growth | Analysts | Confidence |
|---|---|---|---|---|---|
| 2026 (E) | $14.54 | $6.5B | +104.7% | 17 | high |
| 2027 (E) | $16.52 | $7.2B | +10.3% | 17 | high |
| 2028 (E) | $18.25 | $7.9B | +10.7% | 17 | medium |
| 2029 (E) | $19.95 | $8.7B | +9.6% | 17 | medium |
| 2030 (E) | $21.60 | $9.4B | +8.9% | 17 | medium |
Frequently asked questions
Has Waters Corporation beaten earnings estimates?
Waters Corporation has beaten Wall Street EPS estimates in 8 of its last 8 quarterly reports, with an average EPS surprise of +1.9% over the last 4 quarters.
How does WAT stock react to earnings?
WAT stock has moved an average of -3.2% in the trading day following earnings over its last 3 reports, with positive reactions in 33% of those quarters.
What is Waters Corporation's revenue growth rate?
Waters Corporation reported year-over-year revenue growth of +6.8% in its most recent quarter, with EPS growing +10.5% year-over-year.
What is the expected EPS for WAT in 2026?
Analysts expect Waters Corporation to report EPS of $14.54 for fiscal year 2026, on revenue of $6.5B, based on estimates from 17 analysts.