The third quarter financial results of Veeco Instruments (NASDAQ: VECO) will be revealed on Wednesday 6th November 2024. This eagerly awaited announcement is slated to occur after market close, enabling investors and market participants to gain valuable insights into the company's financial performance.
Wall Street financial experts forecast that the concern is set to announce an expected $0.45 profit per share for the quarter. Moreover, the company is anticipated to disclose a total revenue of $180.53 million for this particular period.
The per-share income of $0.53 was highlighted in the company's earnings report for the same quarter of the prior year. This notable figure was achieved due to the company's impressive total revenue of $177.37 million recorded during that specific period.
The projections from Wall Street analysts indicate that the company is expected to generate a total revenue of $713.72 million for the full year. Moreover, they anticipate the earnings per share to reach profit of $1.77 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.42 | +16.7% | 175.88 M | +8.8% |
| Q1 2024 | $0.45 | +50.0% | 174.48 M | +13.7% |
| Q4 2023 | $0.51 | +34.2% | 173.92 M | +13.1% |
| Q3 2023 | $0.53 | +17.8% | 177.37 M | +3.2% |
| Q2 2023 | $0.36 | +2.9% | 161.64 M | -1.4% |
| *Growth on year-over-year basis | ||||
VECO will host a conference call with investment community on 6th November 2024 at 05:00 PM eastern time to discuss the financial results.
The previous trading day saw Veeco Instruments (VECO) shares trading between $28.74 and $29.30, besides a volume of 415.30 thousand shares. The stock closed Friday's regular trading session at $28.79, demonstrating 0.03 percent increase.
