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Stockreport

Agilent falls from record highs after forecast comes up short [MarketWatch]

AGILENT TECHNOLOGIES (A)  More Company Research Source: MarketWatch
Last agilent technologies earnings: 5/14 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.agilent.com
PDF Agilent falls from record highs after forecast comes up short Agilent Technologies Inc. A, +1.70% shares declined from a record closing price in late trading Monday after the company issued fiscal fourth-quarter earnings that were better than expected but forecast lower profit than analysts' estimates. The scientific-equipment company reported fourth-quarter net income of $177 million, or 54 cents a share, on sales of $1.19 billion, up from $1.11 billion a year ago. After adjustments for acquisition costs and other effects, the company claimed profit of 67 cents a share, up from 59 cents a share a year ago. Analysts on average expected adjusted earnings of 62 cents a share on sales of $1.17 billion, according to FactSet. The company's forecast for the fiscal first quarter and full year came up shy of analyst estimates, though. For the first quarter, Agilent expects adjusted earnings of 55 cents to 57 cents a share on sales of $1.15 billion to $1.17 billion, while analysts on averag [Read more]

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