Keysight Technologies (NYSE:KEYS) updated its first quarter earnings guidance on Wednesday. The company provided earnings per share guidance of $0.29-0.43 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.61. The company issued revenue guidance of $762-802 million, compared to the consensus revenue estimate of $869.32 million.
Keysight Technologies (KEYS) traded up $0.29 during trading on Wednesday, hitting $42.19. The stock had a trading volume of 949,100 shares, compared to its average volume of 863,370. Keysight Technologies has a one year low of $35.05 and a one year high of $45.65. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.75 and a quick ratio of 2.04. The firm has a market capitalization of $7,830.00, a P/E ratio of 19.05, a P/E/G ratio of 2.14 and a beta of 1.18.
Keysight Technologies (NYSE:KEYS) last released its quarterly earnings data on Wednesday, December 6th. The scientific and technical instruments company reported $0.71 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.59 by $0.12. Keysight Technologies had a return on equity of 20.85% and a net margin of 7.58%. The company had revenue of $878.00 million during the quarter, compared to the consensus estimate of $891.55 million. During the same quarter in the prior year, the firm posted $0.64 earnings per share. The firm’s revenue was up 16.9% compared to the same quarter last year. equities research analysts predict that Keysight Technologies will post 2.2 EPS for the current fiscal year.
In other Keysight Technologies news, insider Ronald S. Nersesian sold 58,931 shares of the stock in a transaction that occurred on Monday, October 9th. The shares were sold at an average price of $41.64, for a total transaction of $2,453,886.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.23% of the company’s stock.
About Keysight Technologies
Keysight Technologies, Inc is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic design and test instruments and systems and related software, software design tools and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment.
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