April 28, 2020 / 12:49 PM / a month ago

BRIEF-Waters Corporation Reports Q1 EPS Of $0.86

April 28 (Reuters) - Waters Corp:

* ORATION (NYSE: WAT) REPORTS FIRST QUARTER 2020 FINANCIAL RESULTS

* Q1 NON-GAAP EARNINGS PER SHARE $1.15

* Q1 GAAP EARNINGS PER SHARE $0.86

* Q1 SALES $465 MILLION VERSUS REFINITIV IBES ESTIMATE OF $488.5 MILLION

* Q1 EARNINGS PER SHARE ESTIMATE $1.44 — REFINITIV IBES DATA

* WITHDRAWING FULL-YEAR 2020 FINANCIAL GUIDANCE DUE TO COVID-19 UNCERTAINTIES

* REVISED 2020 CAPITAL DEPLOYMENT PLANS TO IMPROVE CASH FLOW BY AN ESTIMATED $45 MILLION

* IMPLEMENTED COST REDUCTION PLAN OF APPROXIMATELY $100 MILLION FOR YEAR Source text for Eikon: Further company coverage:

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