WASHINGTON (dpa-AFX) - Waters Corp. (WAT) announced earnings for first
quarter that decreased from last year but beat the Street estimates.

The company's bottom line totaled $102.20 million, or $1.72 per share. This
compares with $140.92 million, or $2.38 per share, in last year's first quarter.

Excluding items, Waters Corp. reported adjusted earnings of $131.08 million or
$2.21 per share for the period.

Analysts on average had expected the company to earn $2.10 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 7.0% to $636.84 million from $684.67
million last year.

Waters Corp. earnings at a glance (GAAP) :

-Earnings (Q1): $102.20 Mln. vs. $140.92 Mln. last year.
-EPS (Q1): $1.72 vs. $2.38 last year.
-Revenue (Q1): $636.84 Mln vs. $684.67 Mln last year.

-Guidance:
Next quarter EPS guidance: $2.50 to $2.60
Full year EPS guidance: $11.75 to $12.05


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