Investing.com - Waters (NYSE:WAT) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Waters announced earnings per share of $2.8 on revenue of $690.6M. Analysts polled by Investing.com anticipated EPS of $2.33 on revenue of $633.8M.
Waters shares are down 18% from the beginning of the year, still down 29.39% from its 52 week high of $428.22 set on September 8, 2021. They are under-performing the S&P 500 which is down 12.82% from the start of the year.
Waters follows other major Healthcare sector earnings this month
Waters's report follows an earnings beat by UnitedHealth on April 14, who reported EPS of $5.49 on revenue of $80.15B, compared to forecasts EPS of $5.36 on revenue of $78.73B.
J&J had beat expectations on April 19 with first quarter EPS of $2.67 on revenue of $23.43B, compared to forecast for EPS of $2.59 on revenue of $23.62B.
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