Agilent: Fiscal Q3 Earnings Snapshot

SANTA CLARA, Calif. (AP) — SANTA CLARA, Calif. (AP) — Agilent Technologies Inc. (A) on Wednesday reported fiscal third-quarter earnings of $362 million.

On a per-share basis, the Santa Clara, California-based company said it had net income of $1.28. Earnings, adjusted for non-recurring costs and asset impairment costs, came to $1.62 per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.48 per share.

The scientific instrument maker posted revenue of $1.88 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $1.84 billion.

For the current quarter ending in October, Agilent expects its per-share earnings to range from $1.71 to $1.74.

The company said it expects revenue in the range of $1.98 billion to $2 billion for the fiscal fourth quarter.

Agilent expects full-year earnings in the range of $6.18 to $6.21 per share, with revenue ranging from $7.49 billion to $7.51 billion.

Agilent shares have risen 14% since the beginning of the year, while the S&P's 500 index has increased 12%. In the final minutes of trading on Wednesday, shares hit $154.97, a climb of 31% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on A at https://www.zacks.com/ap/A