When Agilent’s third-quarter 2023 report comes after the closing bell, the market will be looking for adjusted earnings of $1.36 per share, which is higher by two cents than the EPS reported in the prior-year quarter. Meanwhile, revenues are expected to decline 3.4% annually to $1.66 billion in the July quarter.
In the second quarter, the Santa Clara, California-based company’s profit rose to $1.27 per share from $1.13 per share in the year-ago period, on an adjusted basis. Reported net income moved up to $302 million or $1.02 per share from $274 million or $0.91 per share last year. At $1.72 billion, Q2 revenues were up 7% year-over-year.