Teradyne expecting strong Q4 earnings, surpassing projections, driven by AI and robotics demand
From Nasdaq: 2025-01-10 12:25:36
Teradyne, Inc. (TER) is set to announce its Q4 earnings, with analysts expecting a profit of $0.90 per share, up 13.9% from the year-ago quarter. For the full year, EPS is projected to increase to $3.17, with a further rise to $4.11 in fiscal 2025.
TER stock has outperformed the S&P 500 and Technology Select Sector SPDR Fund, with shares up 29.5% in the past 52 weeks. This outperformance is driven by strong AI-driven demand and expansion in the robotics market, including new product launches and partnerships with companies like NVIDIA Corporation.
In Q3, TER reported adjusted EPS of $0.90, surpassing expectations, and revenue of $737.3 million, beating forecasts. For Q4, the company expects adjusted EPS between $0.80 and $0.97, with revenue projected to be between $710 million and $760 million. Analysts have a bullish outlook on TER stock, with a consensus “Strong Buy” rating and an average price target of $141.19.
Read more at Nasdaq: Teradyne Earnings Preview: What to Expect