Onto Innovation (ONTO) Outperforms Broader Market: What You Need to Know

Shares of the maker of semiconductor manufacturing equipment witnessed a loss of 14.01% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 4.62% and the S&P 500's loss of 0.21%. For the annual period, the Zacks Consensus Estimates anticipate earnings of $5.05 per share and a revenue of$941.16 million, signifying shifts of +35.39% and +15.36%, respectively, from the last year. Our research suggests that these changes in estimates have a direct relationsh ...