Camtek (CAMT) Misses Q4 Earnings Estimates

Core Viewpoint - Camtek (CAMT) reported quarterly earnings of $0.81 per share, which missed the Zacks Consensus Estimate of $0.83 per share, but showed an increase from $0.77 per share a year ago [1] Financial Performance - The earnings surprise for the quarter was -2.02%, while the previous quarter had a positive surprise of +2.5% with actual earnings of $0.82 per share against an expectation of $0.80 [2] - Camtek's revenues for the quarter were $128.12 million, exceeding the Zacks Consensus Estimate by 0.72%, and up from $117.29 million year-over-year [3] Stock Performance - Camtek shares have increased approximately 47.6% since the beginning of the year, contrasting with the S&P 500's zero return [4] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.70 on revenues of $116.04 million, and for the current fiscal year, it is $3.35 on revenues of $521.49 million [8] - The estimate revisions trend for Camtek was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [7] Industry Context - The Electronics - Measuring Instruments industry, to which Camtek belongs, is currently ranked in the top 16% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [9]