Teradyne, Inc. (NASDAQ:TER) is reporting second quarter financial results on Tuesday 21st July 2020, after market close.
According to analysts surveyed by Thomson Reuters, TER is expected to report 2Q20 income of $ 1.03 per share from revenue of $ 754.84 million.
For the full year, analysts anticipate top line of $ 2618.90 million, while looking forward to income of $ 3.08 per share bottom line.
Previous Quarter Performance
Teradyne, Inc. reported income for the first quarter of $ 1.00 per share, from the revenue of . The quarterly earnings decreased 7.53 percent compared with the same quarter last year. The consensus estimates are income of $ 0.88 per share The bottom line results beat street analysts by $ 0.12 or 13.64 percent, at the same time, top line results analysts by $ 72.32 million or .
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of TER was $ 89.74, representing a 109.33 % increase from the 52 week low of $ 42.87 and a 1.06 % decrease over the 52 week high of $ 90.70.
The company has a market capital of $ 14.88 billion and is part of the Technology sector and Semiconductor Equipment & Materials industry.
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Recent Analyst recommendations
On 14th July 2020, downgraded by Craig Hallum to Hold from Buy rating.
On 13th July 2020, maintained by Deutsche Bank at Buy rating, with $ 92.00 target price.
Recent Stock Dividend Announcement
On May 7, 2020, the board of directors authorized quarterly dividend of $ 0.10 per share to holders of record as of the close of business on May 27, 2020, with payment date of June 19, 2020 and ex-dividend date on May 26, 2020.
Teradyne, Inc. designs, develops, manufactures, sells, and supports automatic test equipment worldwide. Its Semiconductor Test segment offers semiconductor test products and services for wafer level and device package testing in automotive, industrial, communications, consumer, computer and electronic game, and other applications.
