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Waters warns its earnings will fall short

Waters Corp’s products include systems for the rapid analysis of drinking water supplies.

DEBEE TLUMACKI FOR THE BOSTON GLOBE/2011

Waters Corp’s products include systems for the rapid analysis of drinking water supplies.

Waters Corp. slid 7.4 percent, the most since Oct. 7. The Milford company forecast full-year earnings of $5.15 a share, at most. That would trail the average analyst estimate of $5.24. Waters designs and manufactures analytical technologies that use liquid chromatography, mass spectrometry, and thermal analysis. It had $1.6 billion in revenue in 2010, according to its website.

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