Agilent Technologies Inc. (A) reported that its second-quarter GAAP net income was $255 million or $0.72 per share, up from $200 million, or $0.56 per share in the year ago quarter.
Adjusted net income for the quarter rose to $275 million, or $0.78 per share from $261 million or $0.74 per share in the same quarter last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.73 per share for the quarter. Analysts' estimates typically exclude special items.
Net revenues for the quarter rose to $1.73 billion from $1.68 billion in the prior year quarter. Thirteen analysts had consensus revenue estimate of $1.71 billion for the quarter.
For the third-quarter, revenues are expected to be in the range of $1.77 billion to $1.79 billion. Fiscal third-quarter non-GAAP earnings are expected to be in the range of $0.82 to $0.84 per share. Analysts expect the company to report earnings of $0.83 per share on revenues of $1.76 billion for the third-quarter.
Agilent now expects full fiscal-year 2012 adjusted earnings to be in the range of $3.18 - $3.24 per share, and revenue of $6.94 billion - $7.00 billion. Previously, the company expected adjusted earnings in a range of $3.13 to $3.23 per share and revenues of $6.92 billion to $7.02 billion for the full year 2012.
Analysts expect the company to report earnings of $3.19 per share on revenues of $6.95 billion for fiscal 2012.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.