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Waters Corp Reiterated FY24 Revenue Growth of 0.0%-2.0% YoY Vs $2.98B Est, Adj EPS of $11.75-$12.05 Vs $11.89 Est

Author: Benzinga Newsdesk | May 07, 2024 07:13am

Full-Year 2024 Financial Guidance

The Company continues to expect full-year 2024 organic constant currency sales growth to be in the range of -0.5% to +1.5%. Currency translation is expected to decrease full-year sales growth by slightly less than 1%. M&A contribution from the Wyatt transaction covering the first four-and-a-half months of the year is expected to increase full-year reported sales growth by slightly over 1%. The resulting full-year 2024 reported sales growth is expected in the range of 0.0% to +2.0%.

The Company expects full-year 2024 non-GAAP EPS to be in the range of $11.75 to $12.05, which includes an estimated headwind of approximately 2% due to unfavorable foreign exchange.

Posted In: WAT

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