Veeco Instruments Inc reports results for the quarter ended in December - Earnings Summary

Veeco Instruments

16/02/2022 22:46

* Veeco Instruments Inc  VECO.OQ  reported quarterly
adjusted
earnings of 43 cents​​ per share for the quarter ended in
December. The mean expectation of six analysts for the quarter
was for earnings of 37 cents per share.
    * Revenue rose 10.1% to $152.97 million from a year ago; 
analysts
expected $151.16 million. 
    * Veeco Instruments Inc's reported EPS for the quarter was
15
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Veeco Instruments Inc shares had risen by 0.6% this
quarter.
    * The company reported quarterly net income of $8.2 million.
    * Wall Street's median 12-month price target for Veeco
Instruments
Inc is $34.00 
    * 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." 

This summary was machine generated February 16 at 10:46 p.m.
 ​All figures in US dollars unless otherwise stated