Why Is Waters Corporation (WAT) Stock Soaring Today

Waters Corporation's stock surged by over eight percent following their third-quarter earnings report, despite missing analysts' profit expectations. The company's sales, however, were a bright spot, rising by eight percent year-over-year and exceeding predictions. Investors focused on the strong sales growth and positive outlook for the upcoming quarter, as Waters expects fourth-quarter revenue to align with analyst forecasts.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.