MKS Instruments Inc reports results for the quarter ended in January - Earnings Summary
08/08/2024 24:38
* MKS Instruments Inc MKSI.OQ reported quarterly adjusted
earnings of $1.53 per share for the quarter ended in January,
higher than the same quarter last year, when the company
reported EPS of $1.32. The mean expectation of nine analysts
for the quarter was for earnings of $1.07 per share. Wall Street
expected results to range from 91 cents to $1.17 per share.
* Revenue fell 11.6% to $887.00 million from a year ago;
analysts
expected $866.38 million.
* MKS Instruments Inc's reported EPS for the quarter was 33
cents.
* The company reported quarterly net income of $23 million.
* MKS Instruments Inc shares had fallen by 18.5% this
quarter and
gained 3.5% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by
about 30.5%
in the last three months.
* In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the industrial
machinery & equipment peer group is also "buy"
Wall Street's median 12-month price target for MKS Instruments
Inc is $150.50
This summary was machine generated from LSEG data August 7 at
11:38 p.m. UTC. All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Jun. 30 2024 1.07 1.53 Beat
Mar. 31 2024 0.75 1.18 Beat
Dec. 31 2023 0.84 1.17 Beat
Sep. 30 2023 1.02 1.46 Beat