Teradyne Expects Q3 Revenue Of $680M - $740M (Est $717.66M), Adj EPS Of $0.66 - $0.86 (Est $0.86)
Portfolio Pulse from Benzinga Newsdesk
Teradyne has provided its Q3 revenue guidance in the range of $680M to $740M, compared to the estimated $717.66M. The company also expects adjusted EPS to be between $0.66 and $0.86, with the estimate at $0.86.
July 24, 2024 | 9:05 pm
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NEUTRAL IMPACT
Teradyne's Q3 revenue guidance of $680M to $740M is in line with estimates, but the lower end of the adjusted EPS guidance ($0.66) is below the estimate of $0.86. This mixed guidance could lead to short-term volatility in the stock price.
The revenue guidance is within the expected range, but the lower end of the EPS guidance is below estimates. This mixed outlook could result in short-term volatility as investors digest the news.
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