From Nasdaq:

Teradyne is expected to report fourth-quarter 2023 results on January 30, with revenues projected to be between $640 million and $700 million. Earnings are anticipated to be between 61 cents and 81 cents. However, the company currently has a Zacks Rank #4 (Sell).

Increased demand in the robotic segment and the adoption of 3-nanometer technology in the mobility sector may have contributed to a 10% year-over-year revenue growth for Teradyne. However, weak demand and the HDD market may have posed challenges for the company.

Teradyne’s earnings surpassed the Zacks Consensus Estimate in all the trailing four quarters, resulting in an average beat of 21.52%. Despite the potential headwinds, the company remains optimistic about driving growth in the future.

For upcoming earnings releases, investors may want to consider companies like Meta Platform (META), Twilio (TWLO), and Bill Holdings (BILL), which have an Earnings ESP of +1.46%, +31.37%, and +6.17%, respectively. Stocks to watch are Meta Platform, Twilio, and Bill Holdings, with upcoming earnings announcements on Feb 1, Feb 14, and Feb 8, respectively.

Investors can stay updated on upcoming earnings announcements by consulting the Zacks Earnings Calendar. Additionally, Zacks Investment Research offers a free report of the 7 best stocks for the next 30 days.



Read more: Teradyne (TER) to Report Q4 Earnings: What’s in the Cards?