Keysight Technologies Sees Q2 2024 EPS $1.34-$1.40 Vs $1.61 Est.; Revenue $1.19B-$1.21B Vs $1.25B Est.
Portfolio Pulse from Benzinga Newsdesk
Keysight Technologies forecasts Q2 FY24 EPS of $1.34-$1.40, below the $1.61 estimate, and revenue of $1.19B-$1.21B, under the $1.25B estimate. The company cites non-estimable GAAP tax rate impacts and emphasizes its use of non-GAAP financial measures.
February 20, 2024 | 9:08 pm
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NEGATIVE IMPACT
Keysight Technologies anticipates Q2 FY24 EPS of $1.34-$1.40 and revenue of $1.19B-$1.21B, both below analyst estimates.
The projected EPS and revenue for Keysight Technologies in Q2 FY24 are below the analyst estimates, which could lead to negative investor sentiment and a potential short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100