Agilent Technologies, Inc. Third Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Agilent Technologies, Inc. (NYSE:A) will unveil its latest earnings on Monday, August 15, 2011. Agilent Technologies, Inc. is a company focused on the design and manufacturing of core bio-analytical and electronic measurement solutions. It serves customers in sectors such as communications, electronics, life sciences and chemical analysis.

Agilent Technologies, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 73 cents per share, a rise of 35.2% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 66 cents. For the year, analysts are projecting net income of $2.88 per share, a rise of 44% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 9 cents, reporting profit of 74 cents per share against a mean estimate of net income of 65 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $1.66 billion in revenue this quarter, a rise of 18.6% from the year ago quarter. Analysts are forecasting total revenue of $6.62 billion for the year, a rise of 21.2% from last year’s revenue of $5.46 billion.

Analyst Ratings: Analysts are bullish on this stock with 13 analysts rating it as a buy, none rating it as a sell and none rating it as a hold.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 30.8%, with the biggest boost coming in the fourth quarter of the last fiscal year when revenue rose 35% from the year earlier quarter.

The company’s gross margin shrank by 2.3 percentage points in the in the second quarter. Revenue rose 31.9% while cost of sales rose 38.8% to $777 million from a year earlier.

Competitors to Watch: LeCROY Corporation (NASDAQ:LCRY), Danaher Corporation (NYSE:DHR), Wireless Telecom Group, Inc. (AMEX:WTT), Thermo Fisher Scientific Inc. (NYSE:TMO), National Instruments Corp (NASDAQ:NATI), Life Technologies Corp. (NASDAQ:LIFE), JDS Uniphase Corporation (NASDAQ:JDSU), PerkinElmer, Inc. (NYSE:PKI), and Aeroflex Holding Corp. (NYSE:ARX).

Stock Price Performance: During May 13, 2011 to August 9, 2011, the stock price had fallen $18.37 (-34.9%) from $52.58 to $34.21. The stock price saw one of its best stretches over the last year between December 15, 2010 and December 27, 2010 when shares rose for eight-straight days, rising 8.9% (+$3.44) over that span. It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine-straight days, falling 17% (-$7.98) over that span. Shares are down $7.22 (-17.4%) year to date.

(Source: Xignite Financials)

Investing Insights: Steve Jobs Prepares to Deliver a New Catalyst for Apple’s Stock.