Onto Innovation Inc expected to post earnings of $1.41 a share - Earnings Preview

Onto Innovation

04/02/2025 21:39

* Onto Innovation Inc  ONTO.N   ONTO.K  is expected to show
a rise
in quarterly revenue when it reports  results on February 6 for
the period ending December 31 2024
    * The Wilmington Massachusetts-based  company is expected to
report a 19.0% increase in revenue to $260.514 million from
$218.86 million a year ago, according to the mean estimate from
9 analysts, based on LSEG data.The company's guidance on October
31 2024, for the period ended December 31, was for revenue
between $253.00 million and $267.00 million.
    * ​LSEG's mean analyst estimate for Onto Innovation Inc is
for
earnings of $1.41 per share. The company's EPS guidance on
October 31 2024, for the period ended December 31, was between
$1.33 and $1.48 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "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 $250.00​, above​ its last closing price of $199.20. ​​​

The company's guidance on October 31 2024 for the period ended
December 31 was for gross profit margin between USD54% and
USD55%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  1.32        1.32       1.34      Beat    1.5
 Jun. 30 2024  1.20        1.20       1.32      Beat    10.2
 Mar. 31 2024  1.07        1.08       1.18      Beat    8.9​
 Dec. 31 2023  1.01        1.01       1.06      Beat    5.2
 ​​Sep.        0.95        0.95       0.96      Beat    1.3
 30 2023                                                
 Jun. 30 2023  0.84        0.84       0.79      Missed  -5.5​
 Mar. 31 2023  0.92        0.91       0.92      Beat    1.5
 Dec. 31 2022  1.35        1.34       1.57      Beat    17.3
 This summary was machine generated February 4 at 21:39 GMT.  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)