Earnings Preview: Veeco Instruments
Portfolio Pulse from Benzinga Insights
Veeco Instruments (NASDAQ:VECO) is set to release its latest quarterly earnings report on Monday, 2023-08-07. Analysts estimate an earnings per share (EPS) of $0.30. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. The stock is currently trading at $28.85 and has seen a 29.13% increase over the last 52-week period.
August 04, 2023 | 6:01 pm
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Veeco Instruments is expected to release its earnings report on 2023-08-07 with an estimated EPS of $0.30. The company has a history of beating EPS estimates, which has often resulted in a share price increase. The stock has seen a 29.13% increase over the last 52 weeks.
The company's history of beating EPS estimates and the positive trend in its stock price over the last 52 weeks suggest that the upcoming earnings report could have a positive impact on the stock. However, as the article mentions, it's not just the earnings beat or miss that affects the stock price, but also the company's guidance or forecast.
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