Agilent Technologies Inc. (NYSE:A) reported on Monday that its fiscal 4Q profit surged 47 percent as the testing-and-measuring equipment maker was helped by a current acquisition and a tax benefit.
But shares plunged 2 percent after-hours to $36.75 as the firm gave a muted guidance for the coming year and fiscal Q1.
For the year, the firm anticipates adjusted earnings of $2.80 to $3.10 per share on revenue of $7B to $7.2B. Forecasters polled by Thomson Reuters currently projected per-share earnings of $3.33 on revenue of $7.16 billion.
For the present quarter, Agilent estimates per-share earnings of 65 cents to 67 cents on revenue of $1.68B to $1.7B. Analysts estimated earnings of 75 cents per share on revenue of $1.76B.
Agilent Technologies Inc. (NYSE:A) opened at $37.01 with 348.44 million outstanding shares and touch its highest price of $37.98 of the day and then finished at $37.51 by scoring 4.75%, as in the whole session stocks gain volume of 5.12 million shares which is higher than its average volume.
As the owner ship concerns stock institutional ownership remained 81.88% while insider ownership included 0.14%. The share capital of A has 348.44 million outstanding shares amid them 347.65 million shares have been floated in market.
For investors focus on the performance of the stocks so the A showed weekly ahead performance of 1.87% which was maintained for the month at -1.45%. Correspondingly the positive performance for the quarter was remained 1.05% and if took notice on yearly performance that was -2.04% whereas the year to date performance halted at 8.19%.
As the moving toward the returns measures returns on Investment ratio is significant measure which investor should have in consideration, the A return on investment was recorded as 13.65% as compare to its rivals has Ion Geophysical Corp (NYSE:IO)’s ROI 8.77%, Bruker Corporation (NASDAQ:BRKR)’s ROI 11.25%, Cepheid (NASDAQ:CPHD)’s ROI -12.02%, Garmin Ltd. (NASDAQ:GRMN)’s ROI 16.15%.
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