Keysight's earnings selloff intensifies after Barclays downgrade.
Keysight Technologies (NYSE:KEYS) witnessed a premarket drop of over 10% following the company's provision of guidance that fell short of expectations. Adding to this, Barclays downgraded the stock due to the displayed results indicating an ongoing decline in demand trends.
The earnings per share (EPS) stood at $2.19, surpassing the consensus estimate of $2.04. The revenue remained unchanged from the previous year (with a 1% increase on a core basis) at $1.38 billion, aligning with the consensus projections.
#KVBPRIMEGlobal# #KVBPRIME中文服务# #KVBPRIMEVietnam# #StocksDrop# #Profitshow#
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.