By Kelly Cloonan

Agilent Technologies logged lower profit in its latest quarter, with the company pointing to a drag from a snowstorm in the U.S.

The laboratory supplies and services company on Wednesday posted a fiscal first-quarter profit of $305 million, or $1.07 a share, compared with $318 million, or $1.11 a share, a year earlier.

Adjusted earnings per share were $1.36, compared with estimates of $1.37 a share according to analysts polled by FactSet.

Revenue rose 7% to $1.8 billion, compared with analyst estimates of $1.81 billion.

The increase was led by 9% growth in the company's CrossLab group. Revenue also rose by 7% in its applied markets segment and by 5% in its life sciences and diagnostics markets business.

Chief Executive Padraig McDonnell said the company's results were dented by a major snowstorm in the U.S. during the last week of the quarter. Without the drag from weather, the quarterly results would have exceeded the midpoint of the company's guidance, McDonnell said.

McDonnell said the market environment is healthy, albeit dynamic.

Agilent also bumped its guidance for the fiscal year.

For the 2026 fiscal year, Agilent now projects adjusted earnings per share of $5.90 to $6.04, versus prior guidance of $5.86 to $6 a share. It now forecasts revenue of $7.3 billion to $7.5 billion, compared with $7.3 billion to $7.4 billion previously.

For the current fiscal quarter, Agilent guided for adjusted earnings of $1.39 to $1.42 a share and revenue of $1.79 billion to $1.82 billion. Analysts were projecting adjusted per-share earnings of $1.39 and revenue of $1.77 billion.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

February 25, 2026 16:35 ET (21:35 GMT)

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