MKS Instruments Q2 EPS $1.32 Beats $1.17 Estimate, Sales $1.00B Beat $983.49M Estimate
Portfolio Pulse from Benzinga Newsdesk
MKS Instruments reported Q2 earnings of $1.32 per share, beating the analyst consensus estimate of $1.17 by 12.82%. However, this is a 49.03% decrease from the same period last year. The company also reported quarterly sales of $1.00 billion, beating the analyst consensus estimate of $983.49 million by 1.98%, and marking a 31.11% increase from the same period last year.
August 04, 2023 | 12:16 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
MKS Instruments reported better than expected Q2 earnings and sales. However, earnings per share decreased by 49.03% compared to the same period last year.
MKS Instruments reported better than expected Q2 earnings and sales, which is generally a positive signal for the stock. However, the significant decrease in earnings per share compared to the same period last year might temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100