Earnings Alerts

Keysight Technologies Inc (KEYS) Earnings: 3Q Adjusted EPS Surpasses Estimates with Strong Orders






Investment Insights

  • Adjusted EPS: $1.57, down from $2.19 y/y, but above the estimate of $1.35.
  • Communications Solutions Revenue: $847 million, a decrease of 7.7% y/y, but higher than the $830.5 million estimate.
  • Electronic Industrial Solutions Revenue: $370 million, a drop of 20% y/y, but surpassing the estimate of $364.8 million.
  • Total Orders: $1.25 billion, an increase of 0.4% y/y, beating the estimate of $1.2 billion.
  • Communications Solutions Gross Margin: 67%, down from 68% y/y.
  • Electronic Industrial Solutions Gross Margin: 58%, compared to 62% y/y and slightly below the estimate of 58.6%.
  • Company Outlook: Exceeded guidance with an improved full-year outlook.
  • Fourth Fiscal Quarter Forecast: Revenue expected to range between $1.245 billion and $1.265 billion.
  • Analyst Ratings: 8 buys, 3 holds, and 1 sell.



Keysight Technologies In on Smartkarma

Analysts at Baptista Research have been closely covering Keysight Technologies Inc. on Smartkarma, a platform where independent analysts share their insights. In one report titled “Keysight Technologies: Investments in Emerging Technologies and Expansion through Acquisitions! – Major Drivers,” the analysts highlighted Keysight’s strong fiscal second-quarter earnings, with revenue reaching $1.2 billion, surpassing projections. The report also noted the company’s focus on growth in multiple end markets, despite challenges in customer spending.

Another report by Baptista Research on Smartkarma, titled “Keysight Technologies: Is The Strength In Aerospace & Defense Market Expected To Continue? – Major Drivers,” discussed Keysight’s first-quarter earnings for 2024. The company exceeded expectations, reporting revenue of $1.3 billion and earnings per share of $1.63. This performance showcased the resilience of Keysight in navigating market obstacles, particularly in the aerospace and defense sector.


A look at Keysight Technologies In Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth3
Resilience3
Momentum3
OVERALL SMART SCORE2.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Keysight Technologies Inc., a company that offers electronic measurement services through wireless, modular, and software solutions, is displaying a promising long-term outlook based on the Smartkarma Smart Scores. With moderate scores across the board, the company is positioned to capitalize on growth opportunities and demonstrate resilience in challenging market conditions. While the value and dividend scores are on the lower side, the growth, resilience, and momentum scores indicate a positive outlook for Keysight Technologies Inc.

The Smartkarma Smart Scores for Keysight Technologies Inc. suggest a favorable overall outlook for the company, with particularly strong indicators for growth, resilience, and momentum. Investors may find confidence in the company’s ability to expand its operations, navigate uncertainties effectively, and maintain a steady upward trajectory. As a key player in electronic measurement services, Keysight Technologies Inc. is well-poised to leverage its strengths and continue on a path of sustainable growth and performance.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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