by Ian Harvey
August 17, 2017
Here is an overview of Agilent Technologies Inc. (NYSE:A) after reporting earnings. This options trade was recommended on Monday, August 14, 2017 in the article “Earnings Predictions for the Week Beginning August 14, 2017, with the company reporting on Tuesday, August 15, after the market closed; producing great potential profits within a very short period of executing the trade.
** Option trade to consider: Buy the A SEPT 15 2017 60.000 CALL at approximately $1.50.
California-headquartered life sciences solutions company Agilent Technologies Inc (NYSE:A) delivered $0.59 in EPS for the fiscal third-quarter, exceeding the consensus estimate of $0.52 and nearly 20% ahead of $0.49 in the same quarter last year.
Revenue grew 7% to $1.11 billion and operating margin stood at 18% against the year-ago quarter’s 14%, triggering a guidance upgrade for the full year — Agilent now expects revenue growth of 6% and EPS of $2.30 compared to prior forecast of 5% and $2.18, respectively.
The sell-side analysts covering the company had projected an EPS of $2.19, an estimate that might be revised higher in the near future after the continued strong performance.
Agilent Technologies Inc. popped some 4.65% to a price of $62.14 a share with some 6.89 million shares trading hands.
Starting the day trading at $62.15, Agilent Technologies Inc. reached an intraday high of $62.42 and hit intraday lows of $60.76. Shares gained $2.76 by day’s end. Over the last 90 days, the stock’s average daily volume has been 1.88 million of its 321.34 million share total float. Yesterday’s action puts the stock’s 50-day SMA at $59.98 and 200-day SMA at $52.60 with a 52-week range of $42.92 to $61.84.
So, for members of Stock Options Made Easy; a nice tidy potential profit of 96% within a couple of days.
ACTION TO TAKE…….
As you would have by now realized, many of our trades are based on earnings predictions. This is not to say all trades recommended to members follow this pattern, but during earnings season this strategy has been very profitable.
Our approach is to predict whether a company will beat or miss estimates, whether the stock will appreciate or depreciate as a result and what strategies investors and traders can use. This type of prediction is based on thorough investigation and fundamentally based research, and the results have been very exceptional.
As an example, the trade mentioned yesterday, “Dick's Sporting Goods Put Options Trade”, having provided a return of 443%, and is likely to continue climbing, would cover the loss of 4 other options trades, if all trades are executed on a fairly equal basis, and still have some profit left.
Now, add this trade to that tally and you would be well in-front.
However, if you have been following our newsletters of the past several weeks of “Earnings Predictions”, then you will see that profits are quite weighted to the positive.
Our proven track record says it all!!
Members of Stock Options Made Easy are provided with an extensive reason as to which direction a stock will move after earnings, followed up by a recommended options trade.
What To Do Now…….
If you interested in being part of this profitable action just click here……