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

Veeco Instruments

05/05/2021 10:00

* Veeco Instruments Inc  VECO.OQ  reported quarterly adjusted
earnings of 25 cents​​ per share for the quarter ended in March.
The mean expectation of six analysts for the quarter was
for earnings of 23 cents per share.
* Revenue rose 28% to $133.71 million from a year ago​; 
analysts expected $125.57 million.
* Veeco Instruments Inc's reported EPS for the quarter was 5
cents​.
* 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. 
* Veeco Instruments Inc shares had risen by 6.7% this
quarter and gained 27.4% so far this year.
* The company reported quarterly net income of $2.49 million.
* Wall Street's median 12-month price target for Veeco
Instruments Inc is $25.50 
* 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 May 5 at 08:59 a.m. GMT. ​All
figures in US Dollars.​