Waters (NYSE:WAT) reported its Q2 earnings results on Tuesday, August 2, 2022 at 06:50 AM.

Here's what investors need to know about the announcement.

Earnings

Waters beat estimated earnings by 3.38%, reporting an EPS of $2.75 versus an estimate of $2.66.

Revenue was up $32.67 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.48 which was followed by a 4.75% increase in the share price the next day.

Here's a look at Waters's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Waters management provided guidance for FY 2022, expecting earnings between $11.95 and $12.05 per share.

To track all earnings releases for Waters visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.