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

Veeco Instruments

03/08/2021 22:41

* Veeco Instruments Inc  VECO.OQ  reported quarterly adjusted
earnings of 35 cents​​ per share for the quarter ended in June.
The mean expectation of six analysts for the quarter was
for earnings of 27 cents per share.
* Revenue rose 48.4% to $146.34 million from a year ago; 
analysts expected $135.97 million. 
* Veeco Instruments Inc's reported EPS for the quarter was 12
cents​.
* The mean earnings estimate of analysts had risen by about 5.3%
in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Veeco Instruments Inc shares had fallen by 4.3% this
quarter and gained 32.5% so far this year.
* The company reported quarterly net income of $6.35 million.
* Wall Street's median 12-month price target for Veeco
Instruments Inc is $28.00 
* 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." 
This summary was machine generated August 3 at 09:41 p.m.  ​All
figures in US dollars unless otherwise stated