icon
0%

Agilent Technologies A - News Analyzed: 3,998 - Last Week: 100 - Last Month: 499

⇘ Agilent Technologies A: Earnings Beats Estimates but Revenue Drops; Stock Slumps on Weak Guidance

Agilent Technologies A: Earnings Beats Estimates but Revenue Drops; Stock Slumps on Weak Guidance
In recent news, Agilent Technologies A has dominated headlines with its Q2 earnings surpassing estimates. Despite the earnings beat, revenues have seen a year-on-year drop. The company has also issued weak guidance which resulted in a 13% drop in its stock. However, despite recent performance and lowered forecasts, the company still maintains a strong backing from various brokerages. Additional stock purchases have been made by D.A. Davidson & CO. along with U.S Bancorp DE. Other financial firms such as Avantax Advisory Services and EverSource Wealth Advisors LLC also holds a position in Agilent. Despite weak guidance for the year 2024, some growth Investors are still optimistic due to Agilent's solid fundamentals. Techincal benchmarks also show a relatively strong performance from Agilent. However, analysts estimate a decline in earnings. Agilent also recently announced a partnership with ICAR-National Research Centre for Grapes to enhance food safety standards. Alongside the business news, insider sales worth 4 million dollars have raised some concerns. Furthermore, company's CEO Michael McMullen recently sold a substantial amount of shares in the market.

Agilent Technologies A News Analytics from Mon, 30 Oct 2023 07:00:00 GMT to Thu, 30 May 2024 20:16:00 GMT - Rating -4 - Innovation 5 - Information 7 - Rumor 3

The email address you have entered is invalid.