Teradyne to Report Q4 Earnings: What's in Store for the Stock?

Core Viewpoint - Teradyne (TER) is expected to report strong fourth-quarter 2024 results, driven by robust demand in AI applications and growth in the robotics segment, despite challenges from excess inventory in the semiconductor sector [1][2][7]. Financial Expectations - Teradyne anticipates revenues between $710 million and$760 million for Q4 2024, with non-GAAP earnings per share (EPS) projected between 80 cents and 97 cents [1]. - The Zacks Consensus Estimate for Q4 EPS is 90 cents, reflecting a 13.91% increase from the previous year [1]. - The sales estimate stands at $740.68 million, indicating a 10.45$1.4 billion, primarily due to stronger demand for HBM [4]. Robotics Segment Growth - The Advanced Robotics business is projected to show sequential growth, aided by new product launches like the AI-powered MiR1200 Pallet Jack and the expansion of high-payload collaborative robots (cobots) [5]. - The OEM solutions channel for Universal Robots is expected to continue its growth, with revenues up more than 50% year-over-year, driven by the adoption of cobots in AI-based logistics [6]. Challenges - Despite the positive outlook, excess inventory is anticipated to negatively impact semiconductor growth, posing a significant challenge for Teradyne [7].