© Reuters Agilent Technologies Reports Q4 Beat, Shares Up 4%
By Davit Kirakosyan
Agilent Technologies (NYSE:) shares rose more than 4% after-hours following the company’s reported , with EPS of $1.53 coming in better than the consensus estimate of $1.38. Revenue grew 11% year-over-year (up 17% on a core basis) to $1.85 billion, compared to the consensus estimate of $1.76B.
“The Agilent team delivered double digit core revenue growth in each of our business groups in FY 2022. Our track record of strong execution and broad-based strength across our portfolio sets us up well as we look forward to a new fiscal year,” said Mike McMullen, Agilent president and CEO.
The company expects Q1/23 EPS to be in the range of $1.29-$1.31, compared to the consensus of $1.31, and revenue in the range of $1.68-1.7B, compared to the consensus of $1.73B.
For fiscal 2023, the company expects EPS in the range of $5.61-$5.69, compared to the consensus of $5.43, and revenue in the range of $6.9-7B, compared to the consensus of $7.12B.
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