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

Onto Innovation

27/10/2022 22:01

* Onto Innovation Inc  ONTO.N  reported quarterly adjusted
earnings of $1.35​​ per share for the quarter ended in
September. The mean expectation of five analysts for the quarter
was for earnings of $1.31 per share.
    * Revenue rose 26.8% to $254.25 million from a year ago;
analysts
expected $250.20 million. 
    * Onto Innovation Inc's reported EPS for the quarter was
$1.05​.
    * The mean earnings estimate of analysts had risen 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. 
    * Onto Innovation Inc shares had risen by 4.6% this
quarter and
lost 33.8% so far this year.
    * The company reported quarterly net income of $52.22
million.
    * Wall Street's median 12-month price target for Onto
Innovation
Inc is $100.00 
    * 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 October
27 at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.31           1.35           Beat
 Jun. 30 2022      1.27           1.28           Beat
 Mar. 31 2022      1.17           1.31           Beat
 Dec. 31 2021      1.11           1.23           Beat