Agilent Now Sees FY23 Adj. EPS $5.40-$5.43 vs $5.50 Est., Revenue $6.8B-$6.85B vs $6.97B Est.
Portfolio Pulse from Benzinga Newsdesk
Agilent has revised its FY23 adjusted EPS forecast to $5.40-$5.43, down from the previous estimate of $5.50. The company also lowered its revenue projection to $6.8B-$6.85B from $6.97B.
August 15, 2023 | 8:45 pm
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Agilent has lowered its FY23 earnings and revenue forecasts, which could negatively impact its stock price in the short term.
Agilent's downward revision of its FY23 earnings and revenue forecasts indicates potential financial challenges. This could lead to a decrease in investor confidence, potentially driving the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100