Agilent Technologies raises annual forecast after Q3 results beat on strong demand
A•Drivers of the quarter
- Segment growth - All business segments reported year-over-year revenue growth, led by 11% growth in Life Sciences and Diagnostics Markets Group
- End market improvement - Co cited improving end markets and stronger demand in key regions as drivers of performance, per CEO Padraig McDonnell
- Tariff refunds - Q3 margins and non-GAAP EPS benefited from a net benefit related to tariff refunds
Q3 results beat expectations
- US analytical lab tech firm's Q3 revenue rose 8.1%, beating analyst expectations
- Adjusted EPS for Q3 increased 18% and beat analyst expectations
- Company raised FY26 revenue and non-GAAP EPS guidance on strong operational momentum
Updated outlook for FY26 and Q4
- Agilent raises FY26 revenue outlook to $7.49 bln-$7.51 bln, up 7.8%-8.1%
- Company lifts FY26 non-GAAP EPS forecast to $6.18-$6.21
- Agilent sees Q4 2026 revenue at $1.98 bln-$2.0 bln, non-GAAP EPS $1.71-$1.74
Key reported metrics and analyst view
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