Agilent Technologies, Inc. (NYSE:A) Q2 2024 Results Conference Call May 29, 2024 4:30 PM ET Company Participants Parmeet Ahuja - Investor Relations Padraig McDonnell - President & Chief Executive Officer Bob McMahon - Senior Vice President & Chief Financial Officer Phil Binns - President of Agilent Life Sciences & Applied Markets Group Simon May - President of the Agilent Diagnostics and Genomics Group Angelica Riemann - President of Agilent CrossLab Group Conference Call Participants Matt Sykes - Goldman S ...

For the quarter ended April 2024, Agilent Technologies (A) reported revenue of $1.57 billion, down 8.4% over the same period last year. EPS came in at $1.22, compared to $1.27 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.58 billion, representing a surprise of -0.46%. The company delivered an EPS surprise of +2.52%, with the consensus EPS estimate being $1.19.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall St ...

Agilent Technologies (A) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $1.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.52%. A quarter ago, it was expected that this scientific instrument maker would post earnings of $1.21 per share when it actually produced earnings of $1.29, delivering a surprise of 6.61%.Over the last four qu ...

Exhibit 99.1 Agilent Reports Second-Quarter Fiscal Year 2024 Financial Results Full-year outlook revised to reflect slower market recovery Announces plan to repurchase $0.75 billion of its common stock by end of fiscal year Board of directors authorizes new $2.0 billion share repurchase program Highlights • Revenue of $1.57 billion, down 8.4% reported and 7.4% core(1) from the second quarter of 2023. • GAAP net income of $308 million; earnings per share (EPS) of $1.05, up 3% from the second quarter of 2023. ...

Agilent Technologies (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 Conse ...

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Wall Street analysts expect Agilent Technologies (A) to post quarterly earnings of $1.19 per share in its upcoming report, which indicates a year-over-year decline of 6.3%. Revenues are expected to be $1.58 billion, down 8% from the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Prior to a company's earnings announcem ...

Product Innovation - Agilent Technologies introduces the 8850 Gas Chromatograph (GC) System, a compact single-channel GC that combines the legacy of the 6850 GC with the capabilities of the 8890 GC [1] - The 8850 GC is designed to revolutionize labs across diverse markets including energy, chemicals, food, and pharmaceuticals [1] - The new GC system reduces energy consumption by up to 30% compared to other GCs [1][2] Technological Advancements - The 8850 GC leverages the latest technological advancements, incorporating engineering excellence and the intelligence of Agilent's smart GC portfolio [2] - Integrated instrument intelligence enhances uptime, while remote connectivity features facilitate regular maintenance and troubleshooting [2] - The instrument's small footprint is half the size of the Agilent 8890 GC, maximizing space utilization and operational redundancy [2] Operational Efficiency - The 8850 GC offers shorter heating and cool-down times, increasing lab throughput [2] - The instrument uses up to 30% less power than other GCs, reducing energy costs and helping labs meet sustainability goals [2] - The 8850 GC uses the same touchscreen interface and connectivity as the 8890 GC, minimizing method migration and development efforts [3] Market Impact - The 8850 GC is a powerful addition to Agilent's market-leading portfolio of GC instruments, promising to transform lab operations with its reliability, high performance, and exceptional data quality [3] - The instrument is designed to meet the needs of modern labs, which face the challenge of maximizing analytical capacity with limited bench space while reducing environmental impact [1] Company Overview - Agilent Technologies is a global leader in analytical and clinical laboratory technologies, generating revenue of $6 83 billion in fiscal 2023 and employing approximately 18,000 people worldwide [4] - The company offers a full range of solutions including instruments, software, services, and expertise to address customers' most challenging questions [4]

The market expects Agilent Technologies (A) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended April 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be relea ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Agilent Technologies (A) . This company, which is in the Zacks Electronics - Testing Equipment industry, shows potential for another earnings beat.When looking at the last two reports, this scientific instrument maker has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 4.80%, on a ...