Veeco Instruments (VECO) Surpasses Q3 Earnings and Revenue Estimates

Company Performance - Veeco Instruments reported quarterly earnings of $0.36 per share, exceeding the Zacks Consensus Estimate of $0.28 per share, but down from $0.46 per share a year ago, representing an earnings surprise of +28.57% [1] - The company posted revenues of $165.88 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 3.68%, but down from $184.81 million year-over-year [2] - Over the last four quarters, Veeco has consistently surpassed consensus EPS and revenue estimates [2] Stock Outlook - Veeco shares have increased by approximately 8.4% since the beginning of the year, compared to the S&P 500's gain of 15.1% [3] - The company's earnings outlook will be crucial for future stock performance, with current consensus EPS estimates at $0.27 for the coming quarter and $1.27 for the current fiscal year [7] Industry Context - The Electronics - Manufacturing Machinery industry, to which Veeco belongs, is currently ranked in the bottom 26% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of Veeco's stock may be influenced by the overall industry outlook and trends in earnings estimate revisions [5][8]