Categories Earnings, Health Care

Agilent Technologies (NYSE: A): Q1 2020 Earnings Snapshot

— Agilent Technologies, Inc. (NYSE: A) reported its first-quarter 2020 adjusted earnings of $0.81 per share, up 7% year-over-year. This came in line with the analysts’ expectations.

— Revenue grew by 5.7% to $1.36 billion versus $1.35 billion expected.

Agilent Technologies (A) Q1 2020 earnings snapshot

— Life Sciences and Applied Markets Group sales rose 5% on continued strength in Environmental & Forensics markets and stable Chemical & Energy.

— Agilent CrossLab Group grew by 6% on continued performance across both services and consumables.

— Diagnostics and Genomics Group saw 6% growth aided by continued strong Nucleic Acids Solutions Division, high single-digit growth in the Next-Generation Sequencing portfolio and mid-single-digit growth in Pathology related businesses.

— Looking ahead into the second quarter of 2020, the company expects revenue in the range of $1.28-1.32 billion and adjusted earnings of $0.72-0.76 per share. Analysts expect EPS of $0.79 on revenue of $1.34 billion.

— The estimated impact of Coronavirus in China of about $10 million revenue deferred into Q2, mostly in Life Sciences and Applied Markets Group.

— For the full year 2020, the company still predicts revenue in the range of $5.50-5.55 billion and adjusted earnings of $3.38-3.43 per share. The consensus estimates EPS of $3.42 on revenue of $5.54 billion.

We’re on Flipboard! Follow us to receive the latest stock market, earnings, and financial news at your fingertips

Most Popular

What to look for when CVS Health (CVS) reports Q3 earnings

Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain

eBay (EBAY): A few factors that helped drive growth in Q3 2024

Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,

CVX Earnings: Chevron reports lower revenue and profit for Q3 2024

Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top