- Waters press release ( NYSE: WAT ): Q4 Non-GAAP EPS of $3.84 beats by $0.10 .
- Revenue of $859M (+2.7% Y/Y) beats by $26.15M
-
Full-Year 2023 Financial Guidance
The Company expects full-year 2023 organic constant currency sales growth in the range of 5% to 6.5%. Currency translation is expected to decrease full-year organic sales growth by approximately 1%. The Wyatt transaction is expected to increase full-year reported sales growth by 2% to 3%. The resulting full-year 2023 reported sales growth is expected in the range of 6% to 8.5%.
The Company expects full-year 2023 non-GAAP EPS in the range of $12.55 to $12.75 vs consensus of $12.76, which includes an estimated headwind of approximately 3% due to unfavorable foreign exchange. The Wyatt transaction is expected to temporarily decrease full-year 2023 non-GAAP EPS by approximately 1%. The Company expects the transaction to become accretive to non-GAAP EPS starting in the first quarter of 2024.
For further details see:
Waters Non-GAAP EPS of $3.84 beats by $0.10, revenue of $859M beats by $26.15M