TTM Technologies (TTMI) Beats Q2 Earnings and Revenue Estimates

Company Performance - TTM Technologies reported quarterly earnings of $0.58 per share, exceeding the Zacks Consensus Estimate of $0.52 per share, and up from $0.39 per share a year ago, representing an earnings surprise of +11.54% [1] - The company posted revenues of $730.62 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 9.38%, compared to year-ago revenues of $605.14 million [2] - TTM has surpassed consensus EPS estimates three times over the last four quarters and topped consensus revenue estimates four times during the same period [2] Stock Performance - TTM shares have increased approximately 96% since the beginning of the year, significantly outperforming the S&P 500's gain of 8.3% [3] - The current consensus EPS estimate for the upcoming quarter is $0.55 on revenues of $667.99 million, and for the current fiscal year, it is $2.19 on revenues of $2.67 billion [7] Industry Outlook - The Electronics - Miscellaneous Components industry, to which TTM belongs, is currently ranked in the top 26% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that the industry outlook can materially impact stock performance [5][8]