Keysight Technologies Inc reports results for the quarter ended July 31 - Earnings Summary

• Keysight Technologies Inc KEYS.N reported quarterly adjusted earnings of $1.72​​ per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of $1.57. The mean expectation of eleven analysts for the quarter was for earnings of $1.67 per share. Wall Street expected results to range from $1.65 to $1.69 per share.

• Revenue rose 11.1% to $1.35 billion from a year ago; analysts expected $1.32 billion.

• Keysight Technologies Inc's reported EPS for the quarter was $1.10​.

• The company reported quarterly net income of $191 million.

• Keysight Technologies Inc shares had risen by 0.3% this quarter and gained 2.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.4% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 2 "hold" and no "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 $190.00, about 14% above its last closing price of $163.48

This summary was machine generated from LSEG data August 19 at 09:00 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)