Veeco Instruments Inc expected to post earnings of 27 cents a share - Earnings Preview

Veeco Instruments

30/07/2021 23:17

* Veeco Instruments Inc  VECO.OQ   VECO.O  is expected to show a
rise in quarterly revenue when it reports results on August 3. 
* The Plainview, New York-based company is expected to report 
 a 37.8% increase in revenue to $135.97 million from $98.64
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Veeco Instruments Inc
is for earnings of 27 cents per share. For the same quarter last
year, the company reported earnings of 11 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 6 "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 Veeco
Instruments Inc is $28​, about 17.1% above​ its last closing
price of $23.20. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.23        0.23       0.25      Beat    10.3
 Dec. 31 2020  0.32        0.32       0.30      Missed  -5.8
 Sep. 30 2020  0.20        0.20       0.22      Beat    10​
 Jun. 30 2020  0.08        0.07       0.11      Beat    51.7
 Mar.          0.05​       0.06       0.22      Beat    282.6​
 31​ 2020​                                              
 Dec. 31 2019  0.08        0.08       0.11      Beat    33.3​
 Sep. 30 2019  0.00        -0.01      0.05      Beat    600
 Jun. 30 2019  -0.09       -0.09      -0.06     Beat    35.1
 This summary was machine generated July 30 at 22:17 GMT.  All
figures in US dollars unless otherwise stated