Onto Innovation Inc reports results for the quarter ended in December - Earnings Summary

Onto Innovation

09/02/2023 23:49

* Onto Innovation Inc  ONTO.N  reported quarterly adjusted
earnings of $1.57​​ per share for the quarter ended in December.
The mean expectation of five analysts for the quarter was
for earnings of $1.34 per share.
    * Revenue rose 12.2% to $253.27 million from a year ago;
analysts
expected $252.80 million. 
    * Onto Innovation Inc's reported EPS for the quarter was
$1.34​.
    * The mean earnings estimate of analysts had risen by
about 1.1%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Onto Innovation Inc shares had risen by 20.9% this
quarter.
    * The company reported quarterly net income of $66.21
million.
    * Wall Street's median 12-month price target for Onto
Innovation
Inc is $85.00 
    * 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." 

This summary was machine generated from Refinitiv data February
9 at 11:49 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.34           1.57           Beat
 Sep. 30 2022      1.31           1.35           Beat
 Jun. 30 2022      1.27           1.28           Beat
 Mar. 31 2022      1.17           1.31           Beat