A Look Ahead: Waters's Earnings Forecast
Portfolio Pulse from Benzinga Insights
Waters (NYSE:WAT) is set to release its quarterly earnings on November 1, 2024, with analysts expecting an EPS of $2.68. The company's past performance shows a positive market reaction when earnings surpass estimates. Analysts have a 'Buy' rating with a price target of $365, indicating an 11.76% upside. Waters has strong financial metrics like net margin and ROE but faces challenges in revenue growth and high debt-to-equity ratio.
October 31, 2024 | 2:01 pm
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Waters is expected to report an EPS of $2.68. Analysts have a 'Buy' rating with a price target of $365, suggesting an 11.76% upside. The company's strong net margin and ROE are positive, but revenue growth and high debt-to-equity ratio are concerns.
Waters is directly impacted by the upcoming earnings release. The positive analyst rating and price target suggest potential upside. Historical performance shows market reactions to earnings beats, indicating a likely positive short-term impact if expectations are met or exceeded. However, concerns about revenue growth and debt levels could temper enthusiasm.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100