MKS Instruments, Inc. (NASDAQ:MKSI) is expected to report third quarter earnings results, after market close, on Tuesday 27th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 1.77 per share.
Looking ahead, the full year income are expected at $ 6.61 per share on the revenues of $ 2192.65 million.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 1.55 ~ $ 1.95 per share, while revenues are expected in a range of $ 535.00 million ~ $ 585.00 million
Click Here For More Historical Outlooks Of MKS Instruments, Inc.
Previous Quarter Performance
MKS Instruments, Inc. unfold income for the second quarter of $ 1.62 per share, from the revenue of $ 544.30 million. The quarterly earnings grew 48.62 percent while revenues improved 14.80 percent compared with the same quarter last year.
Wall street analysts are predicting, MKSI to report 2Q20 income of $ 1.18 per share from revenue of $ 491.82 million. The bottom line results beat street analysts by $ 0.44 or 37.29 percent, at the same time, top line results outshined analysts by $ 52.48 million or 10.67 percent.
Stock Performance
Shares of MKS Instruments, Inc. traded low $ -1.04 or -0.91 percent on Friday, reaching $ 113.21 with volume of 183.80 thousand shares. MKS Instruments, Inc. has traded high as $ 114.65 and has cracked $ 112.65 on the downward trend
According to the previous trading day, closing price of $ 113.21, representing a 70.85 % increase from the 52 week low of $ 66.87 and a 12.1 % decrease over the 52 week high of $ 129.97.
The company has a market capital of $ 6.24 billion and is part of the Technology sector and Scientific & Technical Instruments industry.
Recent Stock Dividend Announcement
On July 28, 2020, the board of directors authorized quarterly dividend of $ 0.20 per share to holders of record as of the close of business on August 24, 2020, with payment date of September 4, 2020 and ex-dividend date on August 21, 2020.
MKS Instruments, Inc. provides instruments, subsystems, and process control solutions that measure, monitor, deliver, analyze, power, and control critical parameters of manufacturing processes worldwide. It operates through two segments, Vacuum and Analysis, and Light and Motion.
