Teradyne Q2 EPS $0.79 Beats $0.66 Estimate, Sales $684.00M Beat $658.19M Estimate
Portfolio Pulse from Benzinga Newsdesk
Teradyne (NASDAQ:TER) reported Q2 earnings of $0.79 per share, beating the analyst consensus estimate of $0.66 by 19.7%. However, this is a 34.71% decrease from the same period last year. The company also reported quarterly sales of $684.00 million, beating the analyst consensus estimate of $658.19 million by 3.92%, but this is an 18.65% decrease from the same period last year.
July 26, 2023 | 9:10 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Teradyne's Q2 earnings and sales beat estimates but are down from the same period last year. This mixed result could lead to uncertain market reactions.
Teradyne's Q2 results exceeded analyst expectations, which is typically a positive signal for the stock. However, the YoY decrease in both earnings and sales might concern investors, leading to potential volatility in the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100