Agilent Technologies Inc (A) Releases Earnings Results, Beats Expectations By $0.02 EPS

Agilent Technologies Inc (A) reported quarterly earnings results on Wednesday, Aug-17-2016. The company said it had a profit of $0.49 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.02. Analysts had a consensus of $0.47. The company posted revenue of $1044.00 million in the period, compared to analysts expectations of $1046.16 million. The company’s revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.44 EPS.

Agilent Technologies Inc opened for trading at $48.17 and hit $48.62 on the upside on Monday, eventually ending the session at $48.44, with a gain of 0.62% or 0.3 points. The heightened volatility saw the trading volume jump to 23,23,589 shares. Company has a market cap of $15,768 M.

In a different news, on May 31, 2016, James Cullen (director) sold 16,697 shares at $45.78 per share price. According to the SEC, on May 20, 2016, Michael R. Mcmullen (CEO and President) sold 124,411 shares at $44.46 per share price. On May 20, 2016, Patrick Kaltenbach (Sr Vice President) sold 5,266 shares at $44.07 per share price, according to the Form-4 filing with the securities and exchange commission.

Agilent Technologies Inc. is engaged in the life sciences diagnostics and applied chemical markets. The Company provides application focused solutions that include instruments software services and consumables for the entire laboratory workflow. The Company has three business segments: the life sciences and applied markets business the diagnostics and genomics business and the Agilent CrossLab business. The Company’s life sciences and applied markets business segment brings together the Company’s analytical laboratory instrumentation and informatics. The Company’s diagnostics and genomics business segment consists of three businesses: the Dako business the genomics business and the nucleic acid solutions business. The Company’s Agilent CrossLab business segment combines its analytical laboratory services and consumables business.

Agilent Technologies Inc

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