Financial Performance - Teradyne reported $729 88 million in revenue for Q2 2024, a 6 6% YoY increase [1] - EPS for the quarter was $0 86, up from $0 79 in the same period last year [1] - The company delivered a revenue surprise of +3 30% compared to the Zacks Consensus Estimate of $706 55 million [6] - EPS surprise was +13 16%, with the consensus estimate being $0 76 [6] Segment Revenue Breakdown - Semiconductor Test revenue was $543 million, a 14 4% YoY increase, surpassing the $489 07 million estimate [5] - Industrial Automation (Robotics) revenue reached $90 million, a 25 6% YoY increase, but missed the $94 21 million estimate [5] - Wireless Test revenue was $36 million, a 17 9% YoY decline, slightly above the $33 52 million estimate [5] - Systems Test revenue was $61 million, a 35 3% YoY decline, below the $83 27 million estimate [5] Stock Performance and Analyst Outlook - Teradyne shares returned -2 3% over the past month, underperforming the Zacks S&P 500 composite's -0 3% change [4] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [4] Key Metrics and Investor Focus - Revenue and earnings changes YoY, along with comparisons to Wall Street expectations, are critical for investors to assess stock price performance [2][3] - Key metrics monitored by Wall Street analysts provide a more accurate picture of the company's financial health [3]

Teradyne, Inc. (NASDAQ:TER) Q2 2024 Earnings Conference Call July 25, 2024 8:30 AM ET Company Participants Traci Tsuchiguchi - Vice President of Investor Relations Greg Smith - President and Chief Executive Officer Sanjay Mehta - Vice President and Chief Financial Officer Conference Call Participants C.J. Muse - Cantor Fitzgerald Timothy Arcuri - UBS Mehdi Hosseini - SIG Vivek Arya - Bank of America Securities Krish Sankar - TD Cowen Toshiya Hari - Goldman Sachs Joseph Moore - Morgan Stanley Samik Chatterje ...

• Revenue of $730 million in Q2'24, up 7% from Q2'23 Guidance for the third quarter of 2024 is revenue of $680 million to $740 million, with GAAP net income of $0.62 to $0.82 per diluted share and non-GAAP net income of $0.66 to $0.86 per diluted share. Non-GAAP guidance excludes acquired intangible asset amortization and amortization on our investment in Technoprobe, as well as the related tax impact on non-GAAP adjustments. In addition to disclosing results that are determined in accordance with GAAP, Ter ...

Company Performance - Teradyne's shares increased by 0.4% over the last month, outperforming the Computer and Technology sector's loss of 3.17% and underperforming the S&P 500's gain of 2.14% [1] - Teradyne's upcoming earnings report is scheduled for July 24, 2024, with projected EPS of $0.76, indicating a 3.8% decline year-over-year, while revenue is estimated at $703.04 million, reflecting a 2.72% increase from the prior year [2] - The most recent trading day saw Teradyne close at $149.52, down 1.86%, which lagged behind the S&P 500's daily loss of 0.78% [6] Financial Metrics - The Zacks Consensus Estimates project Teradyne's full-year earnings at $3.05 per share and revenue at $2.77 billion, showing increases of 4.1% and 3.66% respectively from the previous year [7] - Teradyne's PEG ratio is currently 2.86, compared to the Electronics - Testing Equipment industry's average PEG ratio of 2.81 [4] - The Forward P/E ratio for Teradyne stands at 49.89, indicating a premium over its industry's Forward P/E of 25.56 [9] Industry Insights - The Electronics - Testing Equipment industry is part of the Computer and Technology sector and holds a Zacks Industry Rank of 65, placing it in the top 26% of over 250 industries [10] - The Zacks Rank system indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [5] - The Zacks Rank for Teradyne is currently 2 (Buy), with a historical average annual return of +25% for 1 ranked stocks since 1988 [8]

Core Viewpoint - Teradyne is positioned to continue its earnings-beat streak, particularly in light of its recent performance and positive earnings estimates [1][5]. Earnings Performance - In the last reported quarter, Teradyne achieved earnings of $0.51 per share, exceeding the Zacks Consensus Estimate of $0.33 per share, resulting in a surprise of 54.55% [2]. - In the previous quarter, the company reported earnings of $0.79 per share against an expected $0.72 per share, delivering a surprise of 9.72% [2]. Earnings Estimates and Predictions - Recent estimates for Teradyne have been increasing, indicating a bullish sentiment among analysts [4]. - The company currently has an Earnings ESP of +5.26%, suggesting a strong potential for an earnings beat in the upcoming report [7]. - The next earnings report for Teradyne is anticipated to be released on July 24, 2024 [7]. Zacks Rank and Earnings ESP - Teradyne holds a Zacks Rank of 2 (Buy), which, when combined with its positive Earnings ESP, indicates a high likelihood of another earnings beat [7]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced a positive surprise nearly 70% of the time [5].

Wall Street expects a year-over-year decline in earnings on higher revenues when Teradyne (TER) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditi ...

Analysts and investors alike will be keeping a close eye on the performance of Teradyne in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.76, marking a 3.8% fall compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $703.04 million, indicating a 2.72% growth compared to the corresponding quarter of the prior year. Teradyne (TER) closed the most recent trading day at $153.48, moving -0.45% ...

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Teradyne (TER) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question. Teradyne is one of 617 companies in the Computer ...

In the latest market close, Teradyne (TER) reached $147.57, with a +0.48% movement compared to the previous day. The stock outpaced the S&P 500's daily gain of 0.09%. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq gained 0.3%. Analysts and investors alike will be keeping a close eye on the performance of Teradyne in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.76, showcasing a 3.8% downward movement from the corresponding quarter of the prior year. At ...

The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Therefore, the Zacks rating upgrade for Teradyne basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price. The change in a company's future earnings potential, as reflected in e ...