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Agilent (A) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended July 2024, Agilent Technologies (A - Free Report) reported revenue of $1.58 billion, down 5.6% over the same period last year. EPS came in at $1.32, compared to $1.43 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.56 billion, representing a surprise of +0.99%. The company delivered an EPS surprise of +5.60%, with the consensus EPS estimate being $1.25.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Agilent performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue by End Markets- Pharmaceutical
: $540 million versus the two-analyst average estimate of $540.08 million. The reported number represents a year-over-year change of -8.8%.
Revenue by End Markets- Academia and Government
: $128 million compared to the $141.26 million average estimate based on two analysts. The reported number represents a change of -12.3% year over year.
Revenue by End Markets- Diagnostics and Clinical
: $242 million versus the two-analyst average estimate of $229.12 million. The reported number represents a year-over-year change of +0.4%.
Revenue by End Markets- Chemical and advanced materials
: $356 million compared to the $358.04 million average estimate based on two analysts. The reported number represents a change of -5.8% year over year.
Net Revenue- Agilent Crosslab Group
: $411 million versus $410.12 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +3.8% change.
Revenue by End Markets- Environmental and Forensics
: $168 million compared to the $157.49 million average estimate based on two analysts. The reported number represents a change of +2.4% year over year.
Net Revenue- Life Sciences and Applied Markets Group
: $782 million versus $754.65 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -15.6% change.
Net Revenue- Diagnostics and Genomics Group
: $385 million versus the two-analyst average estimate of $405.47 million. The reported number represents a year-over-year change of +10.3%.
Revenue by End Markets- Food
: $144 million versus the two-analyst average estimate of $135.66 million. The reported number represents a year-over-year change of -4.6%.
Shares of Agilent have returned +7% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Agilent (A) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended July 2024, Agilent Technologies (A - Free Report) reported revenue of $1.58 billion, down 5.6% over the same period last year. EPS came in at $1.32, compared to $1.43 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.56 billion, representing a surprise of +0.99%. The company delivered an EPS surprise of +5.60%, with the consensus EPS estimate being $1.25.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Agilent performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Agilent here>>>Revenue by End Markets- Pharmaceutical
: $540 million versus the two-analyst average estimate of $540.08 million. The reported number represents a year-over-year change of -8.8%.Revenue by End Markets- Academia and Government
: $128 million compared to the $141.26 million average estimate based on two analysts. The reported number represents a change of -12.3% year over year.Revenue by End Markets- Diagnostics and Clinical
: $242 million versus the two-analyst average estimate of $229.12 million. The reported number represents a year-over-year change of +0.4%.Revenue by End Markets- Chemical and advanced materials
: $356 million compared to the $358.04 million average estimate based on two analysts. The reported number represents a change of -5.8% year over year.Net Revenue- Agilent Crosslab Group
: $411 million versus $410.12 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +3.8% change.Revenue by End Markets- Environmental and Forensics
: $168 million compared to the $157.49 million average estimate based on two analysts. The reported number represents a change of +2.4% year over year.Net Revenue- Life Sciences and Applied Markets Group
: $782 million versus $754.65 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -15.6% change.Net Revenue- Diagnostics and Genomics Group
: $385 million versus the two-analyst average estimate of $405.47 million. The reported number represents a year-over-year change of +10.3%.Revenue by End Markets- Food
: $144 million versus the two-analyst average estimate of $135.66 million. The reported number represents a year-over-year change of -4.6%.Shares of Agilent have returned +7% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.