Agilent Technologies (A) Tops Q3 EPS by 4c; Raises Outlook

August 14, 2019 4:07 PM EDT

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Agilent Technologies (NYSE: A) reported Q3 EPS of $0.76, $0.04 better than the analyst estimate of $0.72. Revenue for the quarter came in at $1.27 billion versus the consensus estimate of $1.24 billion.

“The Agilent team delivered very strong results in the third quarter, exceeding both our top and bottom-line expectations,” said Mike McMullen, Agilent president and CEO. “Building on this performance, we are increasing our guidance for the full year. In the quarter, we also announced the pending acquisition of BioTek, continuing our investments in high growth markets. BioTek will significantly expand our presence in the fast-growing field of cell analysis.”

GUIDANCE:

Agilent Technologies sees Q4 2019 EPS of $0.84-$0.86, versus the consensus of $0.87. Agilent Technologies sees Q4 2019 revenue of $1.31-1.33 billion, versus the consensus of $1.34 billion.

Agilent Technologies sees FY2019 EPS of $3.07-$3.08, versus the consensus of $3.05. Agilent Technologies sees FY2019 revenue of $5.105-5.125 billion, versus the consensus of $5.11 billion.

For earnings history and earnings-related data on Agilent Technologies (A) click here.



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