Teradyne Inc reports results for the quarter ended in January - Earnings Summary

Teradyne

25/07/2024 24:35

* Teradyne Inc  TER.OQ  reported quarterly adjusted earnings
of 86
cents​​ per share for the quarter ended in January, higher than
the same quarter last year, when the company reported EPS of 79
cents.  The mean expectation of sixteen analysts for the quarter
was for earnings of 77 cents per share. Wall Street expected
results to range from 73 cents to 84 cents per share.
    * Revenue rose 6.6% to $729.88 million from a year ago;
analysts
expected $701.20 million. 
    * Teradyne Inc's reported EPS for the quarter was $1.14​.
    * The company reported quarterly net income of $186.27
million.
    * Teradyne Inc shares had risen by 2.7% this quarter and
gained 40.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 28.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 7
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the semiconductor
equipment & testing peer group is also "buy"

Wall Street's median 12-month price target for Teradyne Inc is
$145.00 
This summary was machine generated from LSEG data July 24 at
11:35 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 1 0001       0.77           0.86           Beat
 Mar. 31 2024      0.33           0.51           Beat
 Dec. 31 2023      0.71           0.79           Beat
 Sep. 30 2023      0.73           0.80           Beat