Agilent Technologies Rangebound Ahead Of Q4 Report

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Agilent Technologies IncA
shares are trading higher by $0.63 at $37.40 in Monday's session. The company is due to announce its Q4 earnings report after the close. The Street will be looking for EPS of $0.47 on revenues of $1.04 billion. Ahead of the report, the issue matched Friday's trading range. Off the open, it found support just under Friday's low ($36.63), reaching $36.60 before turning higher. So far the rally has been finding resistance just ahead of Friday's high ($37.57), peaking at $37.49 going into the final hour of the session.
Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.
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