Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

JP Morgan Hikes Agilent Estimates

JP Morgan raised its estimates on Agilent Technologies (A).

Agilent posted a $3.28 per share loss amid a sharp charge. Analyst Paul Coster says the $1.5 billion in revenue is slightly ahead of the $1.49 billion consensus. He says earnings performance was strong, with a 2-cent pro forma loss beating his 5-cent loss estimate, largely as the company executed very well on its operating expenses.

Coster notes management expects $1.5 billion to $1.6 billion in fourth-quarter revenue, with continued operating expense control resulting in operating profit in the breakeven to 10 cents earnings per share range. He narrowed the 38-cent fiscal 2003 (Oct.) loss estimate to a 35-cent loss, and raised the 53 cents fiscal 2004 earnings per share estimate to 54 cents earnings per share.

Coster is keeping his neutral rating, but he thinks Agilent has one of the most impressive franchises in the technology domain.

blog comments powered by Disqus