Keysight Techs Q3 2024 Adj. EPS $1.57 Beats $1.35 Estimate, Sales $1.217B Beat $1.194B Estimate
Portfolio Pulse from Benzinga Newsdesk
Keysight Technologies reported Q3 2024 earnings per share of $1.57, surpassing the analyst estimate of $1.35. Sales were $1.220 billion, exceeding the expected $1.194 billion, but down 11.72% from last year's $1.382 billion.
August 20, 2024 | 8:05 pm
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Keysight Technologies reported better-than-expected Q3 2024 earnings and sales, with EPS at $1.57 and sales at $1.220 billion. However, sales decreased by 11.72% compared to the same period last year.
The positive earnings surprise and sales beat are likely to boost investor confidence in the short term, despite the year-over-year sales decline. The market often reacts positively to earnings beats.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100