Why Agilent Technologies Stock Is Sinking Today
Shares of Agilent Technologies (NYSE: A) were sinking 7.9% lower as of 11:34 a.m. ET on Wednesday. The decline came after the life sciences company announced its fiscal 2023 second-quarter results following the market close on Tuesday.
Agilent reported fiscal Q2 revenue of $1.72 billion, up 6.8% year over year. It posted net income of $302 million, or $1.02 per share, based on generally accepted accounting principles (GAAP). The company's non-GAAP earnings were $377 million, or $1.27 per share.
Although Agilent narrowly topped the consensus Wall Street earnings estimate for the latest quarter, the company's guidance fell short.
Source Fool.com
Agilent Technologies Inc. Stock
Our community is currently high on Agilent Technologies Inc. with 16 Buy predictions and 5 Sell predictions.
With a target price of 134 € there is a slightly positive potential of 1.45% for Agilent Technologies Inc. compared to the current price of 132.08 €.