Agilent Technologies Q4 Results Beat Estimates, Stock Gains After-Hours

What To Know: Agilent Technologies reported quarterly earnings of $1.38 per share, surpassing the analyst consensus estimate of $1.35. The figure marks a 9.8% decrease over earnings of $1.53 per share from the same period last year.

The company reported quarterly sales of $1.69 billion which beat analyst expectations of $1.68 billion, a 8.71% decrease over sales of $1.85 billion the same period last year.

Agilent also detailed the financial highlights from its business segments, including its Life Sciences and Applied Markets Group (LSAG) which reported fourth-quarter revenue of $928 million, with an operating margin of 28.1%.

The company anticipates first-quarter earnings to be between $1.20 and $1.23 per share, versus the $1.32 estimate. Revenue is estimated to be between $1.555 billion and $1.605 billion, versus estimates of $1.67 billion.

Full-year 2024 earnings are expected to be between $5.44 and $5.55 per share, versus the $5.61 estimate. The company sees full-year revenue between $6.71 billion and $6.81 billion, versus the $6.98 billion estimate.

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A Price Action: Shares of A were up 3.99% at $118.50 in the after-hours session at the time of publication, according to Benzinga Pro

Image by Konstantin Kolosov from Pixabay

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