B. Riley Securities Maintains Buy on Onto Innovation, Lowers Price Target to $115
B. Riley Securities analyst Craig Ellis maintains Onto Innovation (NYSE:ONTO) with a Buy and lowers the price target from $125 to $115.
Onto Innovation: Q1 Earnings Insights
Onto Innovation (NYSE:ONTO) reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Onto Innovation beat estimated earnings by 11.97%, reporting an EPS of $1.31 versus an estimate of $1.17.
Onto Innovation Sees Q2 Adj. EPS $1.16-$1.35 vs $1.21 Est., Sales $234M-$248M vs $240.92M Est.
Outlook
Management provided an outlook for the second quarter, the fiscal period ending July 2, 2022, that excludes revenue from the Company’s new lithography systems, awaiting customer acceptance. Based on
Onto Innovation Q1 Adj. EPS $1.31 Beats $1.17 Estimate, Sales $241.00M Beat $232.00M Estimate
Onto Innovation (NYSE:ONTO) reported quarterly earnings of $1.31 per share which beat the analyst consensus estimate of $1.17 by 11.97 percent. This is a 79.45 percent increase over earnings of $0.73 per share from the
Earnings Scheduled For May 3, 2022
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Earnings Preview: Onto Innovation
Onto Innovation (NYSE:ONTO) is set to give its latest quarterly earnings report on Tuesday, 2022-05-03. Here's what investors need to know before the announcement.
Analysts estimate that Onto Innovation will report an earnings per share (EPS) of $1.17.
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B. Riley Securities Maintains Buy on Onto Innovation, Raises Price Target to $125
B. Riley Securities analyst Craig Ellis maintains Onto Innovation (NYSE: ONTO) with a Buy and raises the price target from $115 to $125.B.
Onto Innovation: Q4 Earnings Insights
Onto Innovation (NYSE:ONTO) reported its Q4 earnings results on Tuesday, February 8, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings Scheduled For February 8, 2022
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