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Waters' stock soars to record high after earnings beat, upbeat outlook
Shares of Waters Corp. WAT, jumped 10,5% in morning trade Wednesday, and reached an all-time high of $224.59 in intraday trade, after the specialty measurement company reported better-than-expected fourth-quarter results and provided an upbeat full-year outlook. The company also announced a new $4 billion share repurchase program. The company swung to a net profit of $185 million, or $2.46 a share, in the latest quarter, from a loss of $353.2 million, or $4.44 a share, in the same period a year ago, which included a $550 million negative impact from new tax legislation.
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https://www.marketwatch.com/investing/stock/wat
![[Bild: WATc0ml1242.png]](https://finviz.com/publish/012319/WATc0ml1242.png)
Shares of Waters Corp. WAT, jumped 10,5% in morning trade Wednesday, and reached an all-time high of $224.59 in intraday trade, after the specialty measurement company reported better-than-expected fourth-quarter results and provided an upbeat full-year outlook. The company also announced a new $4 billion share repurchase program. The company swung to a net profit of $185 million, or $2.46 a share, in the latest quarter, from a loss of $353.2 million, or $4.44 a share, in the same period a year ago, which included a $550 million negative impact from new tax legislation.
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https://www.marketwatch.com/investing/stock/wat
