Investing.com - Waters (NYSE:WAT) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Waters announced earnings per share of $2.66 on revenue of $659.2M. Analysts polled by Investing.com anticipated EPS of $2.36 on revenue of $654.62M.
Waters shares are up 47% from the beginning of the year, still down 14.86% from its 52 week high of $428.22 set on September 8. They are outperforming the S&P 500 which is up 22.83% from the start of the year.
Waters follows other major Technology sector earnings this month
Waters's report follows an earnings beat by Alphabet C on October 26, who reported EPS of $27.99 on revenue of $65.12B, compared to forecasts EPS of $23.83 on revenue of $63.53B.
Taiwan Semiconductor had beat expectations on October 14 with third quarter EPS of $1.07 on revenue of $14.75B, compared to forecast for EPS of $1.04 on revenue of $14.81B.
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