Keysight Technologies Inc reports results for the quarter ended April 30 - Earnings Summary

• Keysight Technologies Inc KEYS.N reported quarterly adjusted earnings of $1.70​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of $1.41. The mean expectation of eleven analysts for the quarter was for earnings of $1.65 per share. Wall Street expected results to range from $1.63 to $1.66 per share.

• Revenue rose 8.2% to $1.32 billion from a year ago; analysts expected $1.28 billion.

• Keysight Technologies Inc's reported EPS for the quarter was $1.49​.

• The company reported quarterly net income of $257 million.

• Keysight Technologies Inc shares had risen by 8.7% this quarter and gained 1.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.3% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the electronic equipment & parts peer group is also "buy"

• Wall Street's median 12-month price target for Keysight Technologies Inc is $181.00

This summary was machine generated from LSEG data May 20 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)