MKS Instruments Inc reports results for the quarter ended in March - Earnings Summary
09/05/2024 18:32
* MKS Instruments Inc MKSI.OQ reported quarterly adjusted
earnings of $1.18 per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of 48 cents. The mean expectation of
eight analysts for the quarter was for earnings of 75 cents per
share. Wall Street expected results to range from 72 cents to 81
cents per share.
* Revenue rose 9.3% to $868.00 million from a year ago;
analysts
expected $848.94 million.
* MKS Instruments Inc's reported EPS for the quarter was 22
cents.
* The company reported quarterly net income of $15 million.
* MKS Instruments Inc shares had fallen by 7.2% this
quarter and
gained 19.9% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 2.6%
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 5 "strong buy" or "buy," 1
"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 $130.00
This summary was machine generated from LSEG data May 9 at 05:32
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
Mar. 31 2024 0.75 1.18 Beat
Dec. 31 2023 0.84 1.17 Beat
Sep. 30 2023 1.02 1.46 Beat
Jun. 30 2023 1.17 1.32 Beat