NEW YORK (TheStreet) -- Shares of Agilent Technologies (A) are trading lower by 0.53% to $41.35 in late morning Monday, ahead of the release of its fiscal fourth quarter earnings report release after the market close today.
Analysts are expecting earnings of 89 cents per share for the quarter, up from the 81 cents per share the company reported one year ago.
Analysts estimate revenue of $1.81 billion for the period, higher than the $1.72 billion Agilent posted in the same quarter last year.
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Last quarter, Agilent delivered positive third quarter results with both the top and bottom lines surpassing analysts' estimates, primarily driven by the company's end markets, and boosted by cost controls as well as an improved product mix.
Santa Clara, CA-based Agilent is engaged in life sciences, diagnostics and applied chemicals, providing laboratories with instruments, services, consumables, applications and expertise.
Separately, TheStreet Ratings team rates AGILENT TECHNOLOGIES INC as a Hold with a ratings score of C+. TheStreet Ratings Team has this to say about their recommendation:
"We rate AGILENT TECHNOLOGIES INC (A) a HOLD. The primary factors that have impacted our rating are mixed, some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow."