Why Teradyne Stock Soared 18.9% Today
Shares of (NASDAQ: TER) jumped on Wednesday, finishing the day up 18.9%. The spike comes as the S 500 (^GSPC) and the Nasdaq Composite (^IXIC) fell slightly.
Teradyne, an electronics testing company, released mostly better-than-expected earnings today, leading to a prominent analyst maintaining their "overweight" rating for the stock.
The company's reported earnings per share (EPS) and revenue figures both slightly topped expectations. Analysts had estimated $0.54 per share on sales of $651 million. Teradyne delivered $0.57 per share on sales of $651 million. While the company surpassed expectations for the quarter, its top line fell by 11% year over year (YOY).
Source Fool.com
Teradyne Inc. Aktie
163,64 €
-0,04 %
Teradyne Inc. ist ein kleiner Community-Favorit mit mehr Buy- als Sell-Einschätzungen.
Trotz eines Kursziels von 131 € für Teradyne Inc., das unter 163.64 € liegt, zeigt sich ein Potenzial von -19.95%.
