Onto Innovation Inc expected to post earnings of $1.11 a share - Earnings Preview

Onto Innovation

04/02/2022 22:35

* Onto Innovation Inc  ONTO.N   ONTO.K  is expected to show
a rise
in quarterly revenue when it reports  results on February 8. 
    * The Wilmington Massachusetts-based  company is expected to
report  a 38.7% increase in revenue to $215.2 million from
$155.13 million a year ago, according to the mean estimate from
5 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Onto Innovation Inc
is
for earnings of $1.11 per share. For the same quarter last year,
the company reported earnings of 72 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Onto
Innovation
Inc is $115​, about 21.7% above​ its last closing price
of $90.05. ​​​
    * 

This summary was machine generated February 4 at 22:35 GMT.  All
figures in US dollars  unless otherwise stated