Agilent Technologies (A) revealed earnings for its first quarter that increased from the same period last year and beat the Street estimates.
The company's earnings came in at $352 million, or $1.19 per share. This compares with $283 million, or $0.93 per share, in last year's first quarter.
Excluding items, Agilent Technologies reported adjusted earnings of $406 million or $1.37 per share for the period.
Analysts on average had expected the company to earn $1.30 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 5.4% to $1.76 billion from $1.67 billion last year.
Agilent Technologies earnings at a glance (GAAP) :
-Earnings (Q1): $352 Mln. vs. $283 Mln. last year.
-EPS (Q1): $1.19 vs. $0.93 last year.
-Analyst Estimate: $1.30
-Revenue (Q1): $1.76 Bln vs. $1.67 Bln last year.
-Guidance:
Next quarter EPS guidance: $1.24 - $1.27
Next quarter revenue guidance: $1.655 - $1.680 Bln
Full year EPS guidance: $5.65 - $5.70
Full year revenue guidance: $7.03 - $7.10 Bln
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