Veeco Instruments Inc expected to post earnings of 35 cents a share - Earnings Preview

Veeco Instruments

30/10/2021 03:05

* Veeco Instruments Inc  VECO.OQ   VECO.O  is expected to show a
rise in quarterly revenue when it reports results on November
2. 
* The Plainview, New York-based company is expected to report  a
30.6% increase in revenue to $146.406 million from $112.08
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 35 cents per share. For the same quarter last
year, the company reported earnings of 22 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"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 $28.5​, about 14.8% above​ its last closing
price of $24.29. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.27        0.27       0.35      Beat    31.2
 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.          0.08​       0.07       0.11      Beat    51.7​
 30​ 2020​                                              
 Mar. 31 2020  0.05        0.06       0.22      Beat    282.6​
 Dec. 31 2019  0.08        0.08       0.11      Beat    33.3
 Sep. 30 2019  0.00        -0.01      0.05      Beat    600
 This summary was machine generated October 30 at 02:05 GMT.  All
figures in US dollars unless otherwise stated