TTM Technologies (TTMI) Surpasses Q1 Earnings and Revenue Estimates

Core Insights - TTM Technologies reported quarterly earnings of $0.50 per share, exceeding the Zacks Consensus Estimate of $0.39 per share, and showing an increase from $0.31 per share a year ago, resulting in an earnings surprise of 28.21% [1] - The company achieved revenues of $648.67 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 4.30% and up from $570.11 million year-over-year [2] - TTM has outperformed consensus EPS estimates three times over the last four quarters and has topped revenue estimates four times in the same period [2] Earnings Outlook - The future performance of TTM's stock will largely depend on management's commentary during the earnings call and the sustainability of the stock's immediate price movement based on the recently released numbers [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.49 on revenues of $644.39 million, and for the current fiscal year, it is $2.03 on revenues of $2.59 billion [7] Industry Context - The Electronics - Miscellaneous Components industry, to which TTM belongs, is currently ranked in the top 36% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]