Keysight Technologies, Inc. (KEYS)

[TechWhiz]

Keysight (KEYS) Beats Q3 Earnings and Revenue Estimates
Zacks August 21, 2019

Keysight (KEYS) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $0.89 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 22.55%. A quarter ago, it was expected that this electronic measurement technology company would post earnings of $0.98 per share when it actually produced earnings of $1.22, delivering a surprise of 24.49%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Keysight, which belongs to the Zacks Electronics - Measuring Instruments industry, posted revenues of $1.09 billion for the quarter ended July 2019, surpassing the Zacks Consensus Estimate by 4.05%. This compares to year-ago revenues of $1 billion. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Keysight shares have added about 40.6% since the beginning of the year versus the S&P 500's gain of 15.7%.

https://finance.yahoo.com/news/keysight-keys-beats-q3-earnings-213509624.html