MKS Instruments Expects Q1 Revenue Of $840M, Plus Or Minus $40M, Est $852.31M; Adj EPS Of $0.72, Plus Or Minus $0.25, Est $0.81
Portfolio Pulse from Benzinga Newsdesk
MKS Instruments forecasts Q1 revenue to be around $840M, with a possible variation of $40M, falling short of the estimated $852.31M. The company also anticipates an adjusted EPS of $0.72, with a possible variation of $0.25, below the estimated $0.81.
February 07, 2024 | 10:37 pm
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MKS Instruments anticipates lower-than-expected Q1 revenue and adjusted EPS, missing analysts' estimates.
MKS Instruments' announcement of lower-than-expected Q1 revenue and adjusted EPS, compared to analysts' estimates, is likely to negatively impact investor sentiment and the stock price in the short term. The deviation from expected financial metrics typically leads to a decrease in stock value as market participants adjust their expectations.
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