Teradyne, Inc. reports results for the quarter ended September 30 - Earnings Summary

• Teradyne, Inc. reported quarterly adjusted earnings of $2.29​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 85 cents. The mean expectation of fifteen analysts for the quarter was for earnings of $2.08 per share. Wall Street expected results to range from $1.99 to $2.61 per share.

• Revenue rose 69.8% to $1.31 billion from a year ago; analysts expected $1.26 billion.

• Teradyne, Inc.'s reported EPS for the quarter was $2.17​.

• The company reported quarterly net income of $342.41 million.

• Teradyne, Inc. shares had fallen by 22.9% this quarter and gained 59.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 35.5% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the semiconductor equipment & testing peer group is also "buy"

• Wall Street's median 12-month price target for Teradyne, Inc. is $420.00, about 22.9% above its last closing price of $323.68

This summary was machine generated from LSEG data October 27 at 10:11 p.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)