Waters (WAT) earnings for the quarter ended September 2026: EPS beats estimates
Waters reported results for the quarter ended September 2026 on November 3, 2026. Adjusted earnings per share came in at $4.10 against the analysts’ average forecast of $4.00, a beat of 2.6%.
Revenue for the quarter was $1.77 billion, up 120.9% from $800 million in the same quarter a year earlier.
The market’s verdict: the stock rose 4.0% on the first trading day after the report.
The last four quarters
Waters has beaten the analysts’ EPS forecast in 4 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $4.10 | $4.00 | +2.6% | +121% | +4.0% |
| Jun 2026 | $3.05 | $3.01 | +1.4% | +113% | +6.7% |
| Mar 2026 | $2.70 | $2.31 | +17.0% | +91% | +15.8% |
| Dec 2025 | $4.53 | $4.51 | +0.5% | +7% | −14.2% |
What comes next
Analysts expect EPS of $4.65 for the next quarter on average and $14.67 for the fiscal year ending December 31, 2026.
The average analyst price target is $503.29, 9% above the current price of $460.25.
Valuation and score
Waters scores 1.6 out of 5 overall on Stock Analiz (weak), trades at a trailing P/E of about 197.5, and its intrinsic value under moderate assumptions is about 58% below the current market value. Full Waters analysis with 10 years of financials
Frequently asked questions
What was Waters’s EPS for the quarter ended September 2026?
$4.10 adjusted per share, against an analyst consensus of $4.00.
How much revenue did Waters report?
$1.77 billion, up 120.9% year over year.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.