15.08.2019 20:49:00

Here's Why Agilent Technologies Rose as Much as 10.8% Today

Shares of Agilent Technologies (NYSE: A) jumped nearly 11% after the company reported fiscal third-quarter 2019 operating results. The business exceeded its own expectations and those on Wall Street. While the life sciences and applied markets group (LSAG) continued to struggle, the company's two other segments each delivered year-over-year revenue growth of at least 10%.The surprisingly good quarter prompted management to raise its fiscal full-year 2019 guidance for revenue and adjusted earnings per share (EPS). It continues a dizzying string of revisions. Agilent Technologies issued initial guidance in November 2018, increased expectations in February, lowered them in May, and now increased them again this month.As of 2:33 p.m. EDT, the stock had settled to a 6.6% gain.Continue reading
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