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

Veeco Instruments

07/05/2022 03:03

* Veeco Instruments Inc  VECO.OQ   VECO.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 9. 
    * The Plainview New York-based  company is expected to
report  a
16.4% increase in revenue to $155.645 million from $133.71
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 25 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 $35​, above​ its last closing price of $23.51. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.37        0.37       0.43      Beat    17.3
 Sep. 30 2021  0.35        0.35       0.40      Beat    14.8
 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.        0.32        0.32       0.30      Missed  -5.8
 31 2020                                                
 Sep. 30 2020  0.20        0.20       0.22      Beat    10​
 Jun. 30 2020  0.08        0.07       0.11      Beat    51.7
 Mar. 31 2020  0.05        0.06       0.22      Beat    282.6
 This summary was machine generated May 7 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated