Keysight Sees Q4 Adj. EPS $1.83-$1.89 vs $1.99 Est., Revenue $1.29B-$1.31B vs $1.39B Est.
Portfolio Pulse from Benzinga Newsdesk
Keysight Technologies has provided its Q4 adjusted EPS guidance in the range of $1.83-$1.89, which is lower than the estimated $1.99. The company also expects its Q4 revenue to be between $1.29B-$1.31B, significantly lower than the estimated $1.99B.
August 17, 2023 | 8:08 pm
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Keysight's lower than expected Q4 adjusted EPS and revenue guidance may negatively impact its stock price in the short term.
Keysight's Q4 adjusted EPS and revenue guidance are both lower than the estimates. This indicates that the company's performance may not meet market expectations, which could lead to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100