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Strategies & Market Trends : Sharck Soup

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To: GREENLAW4-7 who wrote (23627)5/17/2001 4:36:43 PM
From: Softechie   of 37746
 
Agilent Tech (A) 38.72 +0.22: Reports Q2 earnings of $0.26 a share, a penny worse than consensus; the figure excludes an increase in inventory reserves of about $0.15 per share ($100 mln); revenues increased 10.4%to $2.74 bln... Warns of a possible sequential decline in revenues in Q3 (consensus already calls for fall-off to $2.5 bln)... Agilent expects to report a Q3 loss, on an earnings before goodwill basis, of between $0.20-$0.30 -- including about 5 cents per share for restructuring (consensus $0.25 profit).

Agilent Tech (A) 38.72 +0.22: -- Update -- Company feels that it is at or near a bottom and may see an improvement in orders later in the 2nd-half; hopes to return to modest profitability in Q4.
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