MKS Instruments (NASDAQ: MKSI) has announced that it will be releasing its financial results for the third quarter of 2024 on Wednesday 6th November 2024. The report will be made available after market close, allowing investors and analysts to evaluate the company's performance during this period.
According to the predictions of financial experts on Wall Street, the business is set to unveil an estimated $1.45 profit per share for the quarter. Additionally, the company is expected to report a total revenue of $874.26 million for the specific period.
Examining the corresponding quarter from the previous year, the company's earnings report unveiled a income of $1.46 per share. This number was attributed to the company's total revenue, which settled at an impressive $932 million during the same period.
Financial analysts have shared their forecasts for the company's annual performance, indicating their belief that the company will achieve a total revenue of $3.51 billion. Additionally, they predict that the earnings per share for the company will hit profit of $5.64 by the end of the fiscal year.
MKSI will host a conference call with investment community on 7th November 2024 at 08:30 AM eastern time to discuss the financial results.
Friday's trading saw MKS Instruments (MKSI) shares hit a low of $100.10 and a high of $102.12, with a day volume of 739.70 thousand shares. The stock closed the regular trading session at $100.60, marking 1.28 percent rise.
