WAT - Waters Non-GAAP EPS of $3.67 beats by $0.18 revenue of $836.4M beats by $16M

Waters press release (NYSE:WAT): Q4 Non-GAAP EPS of $3.67 beats by $0.18. Revenue of $836.4M (+6.3% Y/Y) beats by $16M. Quarter led by double-digit instrument sales growth, with momentum increasing on a two year stacked basis into year-end FY22 Guidance: The Company expects full-year 2022 constant currency sales growth in the range of 5% to 7% vs. 5.48% consensus. Currency translation is expected to decrease full-year sales growth by approximately one percentage point. The Company expects full-year 2022 non-GAAP EPS in the range of $11.75 to $12.00 vs. $11.82 consensus. 1Q22 Guidance: The Company expects first quarter 2022 constant currency sales growth in the range of 6% to 8% vs. 3.61% consensus. Currency translation is expected to decrease first quarter sales growth by approximately three percentage points. The Company expects first quarter 2022 non-GAAP EPS in the range of $2.25 to $2.35 vs. $2.39 consensus.

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Waters Non-GAAP EPS of $3.67 beats by $0.18, revenue of $836.4M beats by $16M