Teradyne (NASDAQ:TER) reported its Q3 earnings results on Tuesday, October 26, 2021 at 05:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Teradyne beat their estimated earnings by 11.19%, which surprised analysts.
Revenue was up $131,501,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.16, which was followed by a 1.12% drop in the share price the next day.
Here’s a look at Teradyne’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.75 | 1.05 | 1.01 | 1.12 |
| EPS Actual | 1.91 | 1.11 | 1.10 | 1.18 |
| Revenue Estimate | 1.06B | 760.42M | 721.14M | 770.29M |
| Revenue Actual | 1.09B | 781.61M | 758.97M | 819.00M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Teradyne management provided guidance for their next quarter, expecting earnings between $1.29 and $1.55 per share for the nextquarter.
This represents a -10.69% in quarter-over-quarter growth for Teradyne, a bearish signal to many investors.
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