TECH - Agilent to Report Q2 Earnings: What's in the Offing? | Benzinga
Agilent Technologies (NYSE: A) is set to report its second-quarter fiscal 2024 results on May 29.
For the fiscal second quarter, the company expects revenues of $1.560-$1.590 billion, suggesting a decline of 9.1-7.4% on a reported basis and 8.4-6.7% on a core basis from the year-ago quarter. The Zacks Consensus Estimate for the same is pegged at $1.58 billion, implying a decline of 7.9% from the year-ago quarter's reported figure.
Agilent's non-GAAP earnings are expected to be $1.17-$1.20 per share. The Zacks Consensus Estimate for earnings is pegged at $1.19 per share, indicating a fall of 6.3% from the year-ago quarter's reported figure.
Agilent's earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters and matched the same once, the average being 3.5%.
Agilent Technologies, Inc. Price and EPS Surprise
Agilent Technologies, Inc. price-eps-surprise | Agilent Technologies, Inc. Quote
Factors to Note
The company is expected to have gained from the growing momentum across Agilent's Cross Lab Group ("ACG") and Diagnostics and Genomics Group ("DGG") segments in the fiscal ...