MKS Incorporated reports results for the quarter ended September 30 - Earnings Summary

• MKS Incorporated reported quarterly adjusted earnings of $4.18​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.93. The mean expectation of fourteen analysts for the quarter was for earnings of $3.63 per share. Wall Street expected results to range from $3.55 to $3.85 per share.

• Revenue rose 43% to $1.41 billion from a year ago; analysts expected $1.36 billion.

• MKS Incorporated's reported EPS for the quarter was $3.26​.

• The company reported quarterly net income of $236 million.

• MKS Incorporated shares had fallen by 22.7% this quarter and gained 28.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2% 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 13 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the industrial machinery & equipment peer group is also "buy"

• Wall Street's median 12-month price target for MKS Incorporated is $390.00, about 50% above its last closing price of $194.95

This summary was machine generated from LSEG data November 5 at 12:00 a.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)