Teradyne slips 1% as major indexes advance
The semiconductor equipment maker fell in the latest session, while Zacks estimates point to higher quarterly earnings and revenue.
Key takeaways
- Teradyne closed at $444.53, down 1%, while the S&P 500 gained 0.66%.
- Zacks estimates quarterly EPS of $2.04 and revenue of $1.27 billion.
Teradyne shares fell 1% to $444.53 in the latest trading session, while the S&P 500 rose 0.66%. The Dow gained 0.18% and the Nasdaq advanced 1.05%.
The stock has risen 25.77% over the past month, according to the article. Teradyne is due to report earnings, with Zacks estimates calling for quarterly earnings of $2.04 per share, up 140% from a year earlier.
Zacks also estimates revenue of $1.27 billion for the quarter, a 65.2% year-over-year increase. Its full-year consensus estimates are $9.11 per share in earnings and $5.07 billion in revenue.
This article was produced with the help of AI technology. Source: Yahoo Finance
