One of those robot generated news stories....
Agilent misses Street 2Q forecasts
Agilent Technologies misses 2Q profit and revenue expectations
5 hours ago
SANTA CLARA, Calif. (AP) _ Agilent Technologies Inc. (A) on Monday reported fiscal second-quarter profit of $83 million.
On a per-share basis, the Santa Clara, California-based company said it had profit of 25 cents. Earnings, adjusted for one-time gains and costs, came to 38 cents per share.
The results missed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share.
The scientific instrument maker posted revenue of $963 million in the period, which also did not meet Street forecasts. Seven analysts surveyed by Zacks expected $993 million.
For the current quarter ending in July, Agilent expects its per-share earnings to range from 38 cents to 42 cents.
The company said it expects revenue in the range of $995 million to $1.01 billion for the fiscal third quarter. Analysts surveyed by Zacks had expected revenue of $1.01 billion.
Agilent expects full-year earnings in the range of $1.67 to $1.73 per share, with revenue ranging from $4.05 billion to $4.11 billion.
Agilent shares have increased slightly more than 4 percent since the beginning of the year, while the Standard & Poor's 500 index has risen slightly more than 3 percent. In the final minutes of trading on Monday, shares hit $42.69, a fall of 22 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on A at zacks.com
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Keywords: Agilent Technologies, Earnings Report
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