Agilent (A) PT Lowered to $135 at Barclays

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Agilent (A) sinks 9% after lowing full-year outlook; KeyBanc cuts on lack of catalysts

May 24, 2023 8:22 AM EDT

Agilent (NYSE: A) shares are down over 9% in pre-market Wednesday after the life sciences company lowered its full-year outlook despite beating estimates for the second fiscal quarter.

Agilent posted FQ2 EPS of $1.27 on revenue of $1.72 billion, beating the consensus for earnings of $1.26 on sales of $1.67B.

In an increasingly challenging market environment, the... More