Earnings To Watch: Agilent (A) Reports Q2 Results Tomorrow
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Life sciences tools company Agilent Technologies A will be reporting results tomorrow after the bell. Here's what investors should know. Agilent beat analysts' revenue expectations last quarter, reporting revenues of $1.84 billion, up 10% year on year. It was a strong quarter for the company, with an impressive beat of analysts' organic revenue estimates and a narrow beat of analysts' full-year EPS guidance estimates. Is Agilent a buy or sell going into earnings? Read our full analysis here, it's free for active Edge members. This quarter, the market is expecting Agilent's revenue to grow 6% year on year, slowing from the 10.1% increase it recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Agilent rarely misses Wall Street's revenue estimates. Looking at Agilent's peers in the research tools & consumables segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Avantor posted flat year-on-year revenue, beating analysts' expectations by 4.9%, and Sotera Health Company reported revenues up 9.2%, topping estimates by 3.8%. Avantor traded up 11.6% following the results while Sotera Health Company was also up 4.9%. Read our full analysis of Avantor's results here and Sotera...
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