Core Viewpoint - MKS Instruments has consistently surpassed earnings estimates, indicating strong performance and positive market sentiment towards its future earnings potential [1][4][6]. Earnings Performance - MKS Instruments has topped earnings estimates by an average of 44.40% over the last two quarters [1]. - For the last reported quarter, the company achieved earnings of $1.18 per share, exceeding the Zacks Consensus Estimate of $0.75 per share, resulting in a surprise of 57.33% [8]. - In the previous quarter, MKS Instruments was expected to post earnings of $0.89 per share but delivered $1.17 per share, yielding a surprise of 31.46% [8]. Earnings ESP and Analyst Sentiment - The Zacks Earnings ESP for MKS Instruments is currently +7.28%, indicating a bullish outlook from analysts regarding its near-term earnings potential [6]. - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) suggests a high likelihood of another earnings beat in the upcoming report [6]. Future Outlook - The next earnings report for MKS Instruments is anticipated to be released on August 7, 2024, and the positive earnings history and current estimates suggest a favorable outlook [6].
Will MKS Instruments (MKSI) Beat Estimates Again in Its Next Earnings Report?