Waters Corp. Expects Full-Year 2024 Organic Constant Currency Sales Growth To Be -0.5% To +1.5%; Reported Sales Growth Of 0% To +2%; Ad EPS Of $11.75-$12.05 (Est. $11.98)
Portfolio Pulse from Benzinga Newsdesk
Waters Corp. (WAT) has provided its full-year 2024 financial outlook, expecting organic constant currency sales growth to range between -0.5% to +1.5%. The company anticipates reported sales growth to be between 0% to +2% and adjusted EPS to be in the range of $11.75 to $12.05, compared to the estimated $11.98.
February 06, 2024 | 11:53 am
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Waters Corp. expects a slight fluctuation in organic constant currency sales growth for FY 2024, with a projected adjusted EPS close to analyst estimates.
The forecasted range for organic constant currency sales growth and reported sales growth indicates a cautious but stable outlook for Waters Corp. The adjusted EPS projection being close to analyst estimates suggests that the company's financial performance might align with market expectations, potentially stabilizing its stock price in the short term.
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