WASHINGTON (dpa-AFX) - Waters Corp. (WAT) Tuesday announced a rise in fourth-quarter profit to $137.1 million, or $1.51 per share, from $126.6 million, or $1.36 per share in the prior-year. Adjusted earnings were $1.56 per share this year, and $1.38 per share a year ago. Twenty analysts polled by Thomson Reuters estimated earnings of $1.50 per share. Analysts' estimates usually exclude special items. Revenues for the period jumped to $521.4 million, compared to $483.6 million a year ago. Nineteen analysts polled by Thomson Reuters estimated revenues of $516.88 million. Chairman, President and Chief Executive Officer Douglas Berthiaume commented 'Our positive business momentum continued nicely in the fourth quarter with relatively balanced strength highlighting the results. The fourth quarter completed a very successful 2011 for Waters with double-digit revenue growth, faster earnings growth and very impressive cash generation.'
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