Agilent Reports Second-Quarter Fiscal Year 2021 Financial Results
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Agilent (A) Gains on Another Beat-and-Raise Quarter, Analysts Raise Price Targets After Witnessing 'Big Boy Numbers'
May 26, 2021 8:23 AM EDTShares of Agilent (NYSE: A) are up over 3% in early Wednesday trading after the company delivered a beat-and-raise quarter.
The analytical laboratory instrument manufacturer reported a profit of $216 million, or 70 cents per share, for the quarter. Earnings per share on an adjusted basis stood at 97 cents for the period. The report beat analysts earnings expectations of 82 cents per share.
Revenue came in at $1.53 billion for the quarter, against analysts estimates of $1.39 billion.
The Agilent team delivered an exceptional quarter, exceeding our revenue and earnings expectations as our growth momentum continues, said Mike... More
Agilent (A) PT Raised to $145 at SVB Leerink
May 26, 2021 7:29 AM EDTSVB Leerink analyst Puneet Souda raised the price target on Agilent (NYSE: A) to $145.00 (from $140.00) while maintaining a Outperform rating.
... MoreAgilent Technologies (A) Tops Q2 EPS by 14c, Revenues Beat; Raises FY21 EPS/Revenues Guidance Above Consensus, Affirms 3Q EPS/Revenues Outlook
May 25, 2021 4:10 PM EDTAgilent Technologies (NYSE: A) reported Q2 EPS of $0.97, $0.14 better than the analyst estimate of $0.83. Revenue for the quarter came in at $1.53 billion versus the consensus estimate of $1.4 billion.
Highlights:
Revenue of $1.525 billion represents an increase of 23% reported growth year-over-year, up 19% on a core(1) basis.GAAP net income of... More