Onto Innovation Inc expected to post earnings of $1.17 a share - Earnings Preview

Onto Innovation

30/04/2022 03:06

* Onto Innovation Inc  ONTO.N   ONTO.K  is expected to show
a rise
in quarterly revenue when it reports  results on May 3. 
    * The Wilmington Massachusetts-based  company is expected to
report  a 37.1% increase in revenue to $232 million from $169.28
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 $1.17 per share. For the same quarter last year,
the company reported earnings of 73 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 $120​, above​ its last closing price of $71.14. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  1.11        1.11       1.23      Beat    10.8
 Sep. 30 2021  0.92        0.92       0.98      Beat    6.5
 Jun. 30 2021  0.80        0.80       0.92      Beat    14.6​
 Mar. 31 2021  0.68        0.68       0.73      Beat    7.4
 ​​Dec.        0.60        0.60       0.72      Beat    20
 31 2020                                                
 Sep. 30 2020  0.34        0.34       0.40      Beat    17​
 Jun. 30 2020  0.34        0.35       0.42      Beat    21
 Mar. 31 2020  0.32        0.33       0.39      Beat    19.6
 This summary was machine generated April 30 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated