Norwegian Cruise Line Holdings Ltd NCLH has faced rough seas this year, with its stock down 13.02% yearto-date, a 6.32% decline over the past year, and a sharp 19.23% drop in just the past month. The company's financial outlook is under pressure, and with significant industry headwinds on the horizon, investors are left questioning whether the worst is still to come. Financial Struggles, Industry Challenges Norwegian Cruise Line's financial position raises red flags. The company expects its net leverage to ...

1 IF D H HT T 100 - 100 1 i T 1 Pgiam/iStock via Getty Images Investment update Following my last publication on Waters Corporation (NYSE:WAT) the stock is +24% and now trades near our original price objective of $340/share. I revised my outlook on WAT to a hold in the last report for several reasons, not in the least related to the fact it sold ~22x forward earnings at the time, around what I believed to be fair value (my view was the business was worth ~$19.5Bn – it sells at $19.8Bn as I write). Thus, I'm ...

MILFORD, Mass., Aug. 14, 2024 /PRNewswire/ -- Waters Corporation (NYSE:WAT) today announced the appointment of Heather Knight to its Board of Directors effective August 14, 2024. Ms. Knight currently serves as Executive Vice President and Group President, Medical Products and Therapies at Baxter International. Heather is an accomplished leader who brings decades of experience across the pharma and medical device industries. Post this Waters Corporation appointed Heather Knight to its Board of Directors. She ...

Waters Corporation (WAT) reported second-quarter 2024 non-GAAP earnings of $2.63 per share, beating the Zacks Consensus Estimate by 3.1%. However, the bottom line decreased 6.1% on a year-over-year basis. Net sales of $708.53 million topped the Zacks Consensus Estimate of $698 million. The figure fell 4% both on a reported basis and constant currency basis from the year-ago quarter's readings. Softness in the pharmaceutical, industrial, and government and academic markets was a major concern. The weakening ...

Waters Corporation (NYSE:WAT) Q2 2024 Earnings Conference Call July 31, 2024 8:00 AM ET Company Participants Caspar Tudor - Head of Investor Relations Udit Batra - President and Chief Executive Officer Amol Chaubal - Senior Vice President and Chief Financial Officer Conference Call Participants Vijay Kumar - Evercore ISI Dan Brennan - TD Cowen Tycho Peterson - Jefferies Rachel Vatnsdal - JPMorgan Dan Arias - Stifel Jack Meehan - Nephron Research Catherine Schulte - Baird Operator Good morning. Welcome to th ...

Waters, which belongs to the Zacks Medical - Instruments industry, posted revenues of $708.53 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 1.51%. This compares to year-ago revenues of $740.58 million. The company has topped consensus revenue estimates three times over the last four quarters. While Waters has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? It will be interesting to see how estimates ...

Exhibit 99.1 For Immediate Release Contact: Caspar Tudor, Head of Investor Relations – (508) 482-2429 Waters Corporation (NYSE: WAT) Reports Second Quarter 2024 Financial Results Highlights • Sales of $709 million exceeded guidance on a reported basis, declined 4% as reported and 4% in organic constant currency • GAAP EPS of $2.40; earnings exceeded guidance with non-GAAP EPS of $2.63, led by strong operational performance • Beat driven by better-than-expected performance in China, as well as higher-than-ex ...

Waters Corporation (WAT) is scheduled to report its second-quarter 2024 results on Jul 31. WAT expects non-GAAP earnings between $2.50 and $2.60 per share. The Zacks Consensus Estimate for the same is pegged at $2.55 per share, suggesting a decline of 8.9% from the year-ago quarter's reported figure. The estimate has decreased by 2.3% over the past 60 days. Factors to Consider Increasing operational management initiatives across pricing and productivity, and proactive cost alignment are likely to have acted ...

Waters (WAT) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. Zacks Consensus Estimate Estimate Revisions Trend Earnings Whisper The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estim ...

The company benefits from strong demand for cruises, but does that mean investors should buy? The state of Carnival However, the outlook on Carnival's massive debt, which surged during the pandemic when it could not sail, appears more favorable. Its total debt is now around $30 billion, an admittedly huge level, considering its shareholders' equity is only $6.8 billion. Furthermore, Carnival forecasts capacity growth of nearly 5% this year, meaning the company's high debt levels have not prevented it from f ...