* Veeco Instruments Inc VECO.OQ reported quarterly
adjusted
earnings of 41 cents per share for the quarter ended December
31, lower than the same quarter last year, when the company
reported EPS of 51 cents. The mean expectation of
seven analysts for the quarter was for earnings of 40 cents per
share. Wall Street expected results to range from 39 cents to 43
cents per share.
* Revenue rose 4.7% to $182.13 million from a year ago;
analysts
expected $177.38 million.
* Veeco Instruments Inc's reported EPS for the quarter was
26
cents.
* The company reported quarterly net income of $14.97
million.
* Veeco Instruments Inc shares had fallen by 11.6% this
quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts was unchanged 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 5 "strong buy" or "buy," 2
"hold" and no "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 Veeco Instruments
Inc is $35.00
This summary was machine generated from LSEG data February 12 at
10:01 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
Dec. 31 2024 0.40 0.41 Beat
Sep. 30 2024 0.45 0.46 Beat
Jun. 30 2024 0.43 0.42 Missed
Mar. 31 2024 0.41 0.45 Beat