Keysight Technologies (KEYS) - Get Report is expected to report net income of $194.9 million, or $1.02 a share, on sales of $1 billion after the market closes on Wednesday, based on a FactSet survey of 9 analysts.
In the same period a year ago, the company posted earnings of 89 cents a share on sales of $1 billion. It reported net income of $64 million.
The company offered guidance of $0.97 - $1.05 a share on May. 30.
The stock has risen 22.3% since the company last reported earnings on May. 29.
Quarterly estimates have risen less than 1 cent a share in the past month.
Keysight Technologies is currently trading at a price-to-forward-earnings ratio of 19.3 based on the 12-month estimates of 9 analysts surveyed by FactSet.
In the upcoming quarter analysts are forecasting net income of $200.9 million, or $1.06 a share, on sales of $1.1 billion.
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