Agilent Technologies Second Quarter Earnings Sneak Peek

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S&P 500 (NYSE:SPY) component Agilent Technologies, Inc. (NYSE:A) will unveil its latest earnings on Monday, May 14, 2012. Agilent Technologies is focused on the design and manufacturing of core bio-analytical and electronic measurement solutions. It serves customers in sectors such as communications, electronics, life sciences, and chemical analysis.

Agilent Technologies, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 73 cents per share, a decline of 1.4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 79 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 73 cents during the last month. For the year, analysts are projecting profit of $3.19 per share, a rise of 8.1% from last year.

Past Earnings Performance: Last quarter, the company saw net income of 69 cents per share versus a mean estimate of profit of 69 cents per share. This comes after two consecutive quarters of exceeding expectations.

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Wall St. Revenue Expectations: On average, analysts predict $1.71 billion in revenue this quarter, a rise of 1.8% from the year-ago quarter. Analysts are forecasting total revenue of $6.95 billion for the year, a rise of 4.8% from last year’s revenue of $6.63 billion.

Analyst Ratings: Analysts are bullish on this stock, with 13 analysts rating it as a buy, none rating it as a sell and none rating it as a hold.

A Look Back: In the first quarter, profit rose 19.2% to $230 million (65 cents a share) from $193 million (54 cents a share) the year earlier, meeting analyst expectations. Revenue rose 7.6% to $1.64 billion from $1.52 billion.

Stock Price Performance: Between February 10, 2012 and May 8, 2012, the stock price fell $3.77 (-8.6%), from $44.04 to $40.27. The stock price saw one of its best stretches over the last year between November 9, 2011 and November 16, 2011, when shares rose for six straight days, increasing 6.9% (+$2.50) over that span. It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight days, dropping 17% (-$7.96) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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