Agilent Technologies (NYSE: A ) is expected to report Q3 earnings on Aug. 15. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Agilent Technologies' revenues will expand 5.7% and EPS will expand 7.8%.
The average estimate for revenue is $1.79 billion. On the bottom line, the average EPS estimate is $0.83.
Last quarter, Agilent Technologies recorded revenue of $1.73 billion. GAAP reported sales were 3.3% higher than the prior-year quarter's $1.68 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.78. GAAP EPS of $0.72 for Q2 were 29% higher than the prior-year quarter's $0.56 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 53.0%, 70 basis points worse than the prior-year quarter. Operating margin was 17.3%, 140 basis points better than the prior-year quarter. Net margin was 14.7%, 280 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $7.04 billion. The average EPS estimate is $3.24.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 512 members out of 580 rating the stock outperform, and 68 members rating it underperform. Among 120 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 111 give Agilent Technologies a green thumbs-up, and nine give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Agilent Technologies is buy, with an average price target of $51.62.