Can MKSI's Solid Q3 Earnings and FY24 View Push the Stock Higher?

MKS Instruments (MKSI) reported adjusted earnings of $1.72 per share in third-quarter 2024, up from the year-ago quarter’s earnings of$1.46 per share. The figure beat the Zacks Consensus Estimate by 21.13%.Revenues of $896 million beat the consensus mark by 2.62$776 million, down 5.1% year over year. The figure beat the Zacks Consensus Estimate by 1.78%.Services revenues (13.4% of total revenues) increased 5.3% year over year ...