MKS Instruments Sees Q3 EPS $0.98 Vs $0.81 Est; Revenue $930M Vs $919.61M Est
Portfolio Pulse from Benzinga Newsdesk
MKS Instruments has projected its Q3 earnings per share (EPS) to be $0.98, higher than the estimated $0.81. The company also expects its revenue to be $930M, surpassing the estimated $919.61M.
August 04, 2023 | 12:24 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
MKS Instruments has projected higher Q3 earnings and revenue than estimated. This could potentially lead to a positive market reaction.
Companies that project higher earnings and revenue than estimates usually experience a positive market reaction as this indicates better than expected performance. This could potentially lead to an increase in MKS Instruments' stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100