Teradyne Inc reports results for the quarter ended in September 30 - Earnings Summary

Teradyne

24/10/2024 04:02

* Teradyne Inc  TER.OQ  reported quarterly adjusted earnings
of 90
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 80 cents.  The mean expectation of sixteen analysts for the
quarter was for earnings of 78 cents per share. Wall Street
expected results to range from 72 cents to 86 cents per share.
    * Revenue rose 4.8% to $737.30 million from a year ago;
analysts
expected $716.40 million. 
    * Teradyne Inc's reported EPS for the quarter was 89 cents​.
    * The company reported quarterly net income of $145.65
million.
    * Teradyne Inc shares had fallen by 6.4% this quarter and
gained 15.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 7
"hold" and 1 "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 October 24 at
03:02 a.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
 Sep. 30 2024      0.78           0.90           Beat
 Jun. 30 2024      0.77           0.86           Beat
 Mar. 31 2024      0.33           0.51           Beat
 Dec. 31 2023      0.71           0.79           Beat