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
€129.50
-0.740%
With 35 Buy predictions and not a single Sell prediction Agilent Technologies Inc. is an absolute favorite of our community.
As a result the target price of 138 € shows a slightly positive potential of 6.56% compared to the current price of 129.5 € for Agilent Technologies Inc..
