Teradyne (TER) got here out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $0.79 per share a yr in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of 5.56%. 1 / 4 in the past, it was anticipated that this maker of wi-fi merchandise, knowledge storage and tools to check semiconductors would publish earnings of $0.78 per share when it truly produced earnings of $0.90, delivering a shock of 15.38%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates 4 occasions.
Teradyne
The sustainability of the inventory’s speedy value motion based mostly on the recently-released numbers and future earnings expectations will largely rely on administration’s commentary on the earnings name.
Teradyne shares have misplaced about 3.2% for the reason that starting of the yr versus the S&P 500’s acquire of three.2%.
What’s Subsequent for Teradyne?
Whereas Teradyne has underperformed the market up to now this yr, the query that involves buyers’ minds is: what’s subsequent for the inventory?
There aren’t any simple solutions to this key query, however one dependable measure that may assist buyers handle that is the corporate’s earnings outlook. Not solely does this embody present consensus earnings expectations for the approaching quarter(s), but additionally how these expectations have modified currently.
Empirical analysis exhibits a robust correlation between near-term inventory actions and developments in earnings estimate revisions. Buyers can monitor such revisions by themselves or depend on a tried-and-tested ranking instrument just like the Zacks Rank, which has a powerful monitor document of harnessing the facility of earnings estimate revisions.
Forward of this earnings release, the estimate revisions development for Teradyne: favorable. Whereas the magnitude and route of estimate revisions may change following the corporate’s just-released earnings report, the present standing interprets right into a Zacks Rank #1 (Robust Purchase) for the inventory. So, the shares are anticipated to outperform the market within the close to future. You’ll be able to see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
It is going to be attention-grabbing to see how estimates for the approaching quarters and present fiscal yr change within the days forward. The present consensus EPS estimate is $0.64 on $697.83 million in revenues for the approaching quarter and $4.10 on $3.33 billion in revenues for the present fiscal yr.
Buyers needs to be aware of the truth that the outlook for the business can have a fabric affect on the efficiency of the inventory as nicely. When it comes to the Zacks Business Rank, Electronics – Miscellaneous Merchandise is presently within the prime 35% of the 250 plus Zacks industries. Our analysis exhibits that the highest 50% of the Zacks-ranked industries outperform the underside 50% by an element of greater than 2 to 1.
Bel Fuse (BELFB), one other inventory in the identical business, has but to report outcomes for the quarter ended December 2024.
This maker of digital merchandise for circuits is anticipated to publish quarterly earnings of $0.77 per share in its upcoming report, which represents a year-over-year change of -43.8%. The consensus EPS estimate for the quarter has remained unchanged during the last 30 days.
Bel Fuse’s revenues are anticipated to be $133.3 million, down 4.8% from the year-ago quarter.
Ought to You Put money into Teradyne, Inc. (TER)?
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Teradyne, Inc. (TER) : Free Stock Analysis Report
Bel Fuse Inc. (BELFB) : Free Stock Analysis Report
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