How Will Agilent Technologies Stock React To Its Upcoming Earnings?
Agilent Technologies (NYSE:A) is set to report its earnings on Wednesday, May 27, 2026. The company has $33 Bil in current market capitalization. Revenue over the last twelve months was $7.1 Bil, and it was operationally profitable with $1.5 Bil in operating profits and net income of $1.3 Bil. While the post-earnings stock reaction will depend on how the results and outlook stack up against investor expectations, a detailed look at historical results can aid you if you are an event-driven trader.
Here is how: either understand the historical odds and position yourself prior to the earnings announcement, or look at the correlation between immediate and medium-term returns post earnings and enter a trade one day after the announcement.
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Agilent Technologies’s Historical Odds Of Positive Post-Earnings Return
Some observations on one-day (1D) post-earnings returns:
- There are 20 earnings data points recorded over the last five years, with 10 positive and 10 negative one-day (1D) returns observed. In summary, positive 1D returns were seen about 50% of the time.
- The percentage remains the same at 50% if we consider data for the last 3 years instead of 5.
- Median of the 10 positive returns = 2.9%, and median of the 10 negative returns = -3.4%
Additional data for observed 5-Day (5D) and 21-Day (21D) returns post earnings are summarized along with the statistics in the table below.
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D | 5D | 21D |
| 2/25/2026 | -3.0% | -3.4% | -8.8% |
| 11/24/2025 | 2.3% | -2.8% | -10.2% |
| 8/27/2025 | 5.3% | 8.2% | 4.0% |
| 5/28/2025 | 2.2% | 3.7% | 7.5% |
| 2/26/2025 | -5.5% | -5.9% | -11.5% |
| 11/25/2024 | -0.1% | 3.6% | 1.0% |
| 8/21/2024 | 0.2% | 0.8% | 0.1% |
| 5/29/2024 | -9.7% | -8.2% | -10.9% |
| 2/27/2024 | 3.4% | 8.9% | 11.2% |
| 11/20/2023 | 8.7% | 9.4% | 21.2% |
| 8/15/2023 | -3.4% | -6.4% | -8.6% |
| 5/23/2023 | -5.9% | -10.1% | -7.2% |
| 2/28/2023 | -3.1% | -1.2% | -5.7% |
| 11/21/2022 | 8.1% | 4.0% | 3.4% |
| 8/16/2022 | 7.2% | -0.1% | 0.3% |
| 5/24/2022 | -3.2% | -1.1% | -2.5% |
| 2/22/2022 | -3.4% | 1.1% | 2.8% |
| 11/22/2021 | -4.9% | -7.3% | -3.7% |
| 8/17/2021 | 1.3% | 6.0% | 7.7% |
| 5/25/2021 | 0.0% | 2.5% | 10.1% |
| SUMMARY STATS | |||
| # Positive | 10 | 10 | 11 |
| # Negative | 10 | 10 | 9 |
| Median Positive | 2.9% | 3.8% | 4.0% |
| Median Negative | -3.4% | -4.6% | -8.6% |
| Max Positive | 8.7% | 9.4% | 21.2% |
| Max Negative | -9.7% | -10.1% | -11.5% |
Correlation Between 1D, 5D and 21D Historical Returns
A relatively less risky strategy (though not useful if the correlation is low) is to understand the correlation between short-term and medium-term returns post earnings, find a pair that has the highest correlation, and execute the appropriate trade. For example, if 1D and 5D show the highest correlation, a trader can position themselves “long” for the next 5 days if the 1D post-earnings return is positive. Here is some correlation data based on a 5-year and a 3-year (more recent) history. Note that the correlation 1D_5D refers to the correlation between 1D post-earnings returns and subsequent 5D returns.
| History | 1D_5D | 1D_21D | 5D_21D |
|---|---|---|---|
| 5Y History | 2.5% | 16.1% | 46.5% |
| 3Y History | 40.8% | 56.4% | 60.1% |
Is There Any Correlation With Peer Earnings?
Sometimes, peer performance can have an influence on post-earnings stock reaction. In fact, the pricing-in might begin before the earnings are announced. Here is some historical data on the past post-earnings performance of Agilent Technologies stock compared with the stock performance of peers that reported earnings just before Agilent Technologies. For fair comparison, peer stock returns also represent post-earnings one-day (1D) returns.
| 1D Return | Peer Post-Earnings 1D Return | ||||
|---|---|---|---|---|---|
| A Earnings Dates | A | TMO | WAT | MTD | ILMN |
| 2/25/2026 | -3.0% | -13.3% | -2.7% | -0.2% | N/A* |
| 11/24/2025 | 2.3% | N/A* | 8.8% | 2.1% | 27.2% |
| 8/27/2025 | 5.3% | N/A* | 3.2% | 7.4% | -3.1% |
| 5/28/2025 | 2.2% | N/A* | 4.6% | 9.6% | 6.1% |
| 2/26/2025 | -5.5% | -12.1% | 0.8% | N/A* | N/A* |
| 11/25/2024 | -0.1% | N/A* | -2.3% | -13.3% | -6.3% |
| 8/21/2024 | 0.2% | 6.2% | 0.3% | -5.5% | 14.0% |
| 5/29/2024 | -9.7% | N/A* | 0.5% | 11.4% | -17.9% |
| 2/27/2024 | 3.4% | 5.0% | 0.7% | -1.0% | -2.5% |
| 11/20/2023 | 8.7% | 8.3% | 0.1% | 2.5% | -8.8% |
| 8/15/2023 | -3.4% | -7.0% | -2.2% | -7.4% | -4.6% |
| 5/23/2023 | -5.9% | -1.5% | -3.9% | -8.1% | -6.5% |
| 2/28/2023 | -3.1% | -7.8% | -7.7% | -6.6% | -7.7% |
| 11/21/2022 | 8.1% | 6.6% | 5.0% | 13.5% | 5.9% |
| 8/16/2022 | 7.2% | 0.7% | -3.3% | 4.4% | -3.3% |
| 5/24/2022 | -3.2% | -1.8% | -2.9% | -6.1% | -17.6% |
| 2/22/2022 | -3.4% | -12.3% | -2.9% | -6.9% | -10.7% |
| 11/22/2021 | -4.9% | 3.5% | -0.7% | 2.6% | -10.6% |
| 8/17/2021 | 1.3% | 5.3% | 3.7% | 2.3% | 1.4% |
| CORRELATION | -32.2% | 3.6% | -12.6% | 14.4% | |
* N/A indicates that the peer reported earnings after A
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