Why Keysight Technologies Stock Is Surging Today
Keysight Technologies (NYSE: KEYS) stock is making big gains in Wednesday's trading. The company's share price was up 12.8% as of 3 p.m. ET, according to data from S&P Global Market Intelligence.
After the market closed yesterday, Keysight published results for the third quarter of its current fiscal year -- a period that ended July 31. The business delivered sales and earnings that came in significantly above Wall Street's expectations, and management issued forward guidance that came in better than anticipated.
Keysight posted sales of $1.22 billion, and non-GAAP (adjusted) earnings per share of $1.57. Meanwhile, the average analyst estimate had called for the business to report $1.19 billion in revenue and adjusted earnings of $1.35 per share.
Source Fool.com
Keysight Technologies Stock
The community is currently still undecided about Keysight Technologies with 1 Buy predictions and 0 Sell predictions.
On the other hand, the target price of 140 € is below the current price of 142.46 € for Keysight Technologies, so the potential is actually -1.73%.
