Waters Corporation · WAT · Next earnings

Waters Corporation reports Monday, Feb 8, 2027

WAT reports before market open with consensus EPS at $4.67 and revenue at $1.81B. Last quarter: Waters posts double-digit organic growth, raises FY2026 revenue outlook

Reports Before market open95 days awayDate estimated Healthcare

What the street expects

Consensus for the coming report
Consensus EPS $4.67 Calendar consensus
Consensus revenue $1.81B Calendar consensus
Report date Feb 8, 2027 Monday, date estimated
Session Before market open 95 days away

Where WAT left off: FY2026 Q3

Full report

Waters posts double-digit organic growth, raises FY2026 revenue outlook

EPS surprise +2.5% Reported $4.10 vs $4.00
Revenue surprise +0.8% Reported $1.77B vs $1.75B
Stock move +2.3% Event window
Subsequent drift 0.0% Up to 20 sessions

Management raised full-year revenue guidance by $43 million. The supplied analysis does not state the revised revenue range or an updated earnings-guidance figure.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • China DRG reimbursement headwinds remain a risk for diagnostics revenue.
  • Elevated inventory days could pressure cash flow.
  • Integration and SAP migration costs may affect near-term margins.
  • AI adoption, pricing realization, and revenue-synergy delivery remain execution dependencies.

Questions analysts left open

  • How quickly China DRG headwinds may normalize.
  • The margin outlook for 2027 relative to expected cost-synergy realization.
  • Free cash flow and the timing of integration-related working-capital items.
  • Progress on revenue synergies beyond the $50 million 2026 target.
  • How much revenue AI initiatives contribute.

Ask FN2 about WAT next report

Transcript, numbers and history already loaded
What should I watch for in WAT's next earnings report?How did WAT guide last quarter, and is consensus above or below that?Give me the bull and bear case going into WAT earnings.

Free account. Your question opens in FN2 with this report's transcript and numbers attached.

Get the WAT recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Recent WAT quarters

All WAT earnings
+2.3%FY2026 Q3+5.7%FY2026 Q2+13.5%FY2026 Q1-13.9%FY2025 Q4

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q3

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.