Teradyne, Inc. (NYSE:TER) Expected to Announce Quarterly Sales of $822.05 Million

Equities analysts expect Teradyne, Inc. (NYSE:TER – Get Rating) to announce sales of $822.05 million for the current quarter, according to Zacks Investment Research. Six analysts have issued estimates for Teradyne’s earnings, with the lowest sales estimate coming in at $814.30 million and the highest estimate coming in at $830.00 million. Teradyne posted sales of $1.09 billion during the same quarter last year, which would indicate a negative year-over-year growth rate of 24.6%. The business is expected to announce its next earnings report on Monday, January 1st.

According to Zacks, analysts expect that Teradyne will report full-year sales of $3.43 billion for the current fiscal year, with estimates ranging from $3.33 billion to $3.50 billion. For the next fiscal year, analysts anticipate that the business will report sales of $4.17 billion, with estimates ranging from $4.03 billion to $4.39 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side analysts that follow Teradyne.

Teradyne (NYSE:TER – Get Rating) last issued its earnings results on Tuesday, April 26th. The company reported $0.98 EPS for the quarter, beating the consensus estimate of $0.87 by $0.11. The firm had revenue of $755.37 million during the quarter, compared to analyst estimates of $742.26 million.

Separately, StockNews.com started coverage on Teradyne in a report on Thursday, March 31st. They issued a “hold” rating for the company.

Shares of NYSE:TER opened at $107.43 on Friday. The firm has a fifty day moving average price of $107.87. Teradyne has a 52 week low of $97.63 and a 52 week high of $168.91.

About Teradyne (Get Rating)

Teradyne, Inc designs, develops, manufactures, sells, and supports automatic test equipment worldwide. The company operates through Semiconductor Test, System Test, Industrial Automation, and Wireless Test segments. The Semiconductor Test segment offers products and services for wafer level and device package testing in automotive, industrial, communications, consumer, smartphones, cloud computer and electronic game, and other applications.

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