Onto Innovation (ONTO) Misses Q4 Earnings Estimates

分组1 - Onto Innovation reported quarterly earnings of $1.26 per share, missing the Zacks Consensus Estimate of $1.28 per share, and down from $1.51 per share a year ago, representing an earnings surprise of -1.37% [1] - The company posted revenues of $266.87 million for the quarter, surpassing the Zacks Consensus Estimate by 0.10%, and up from $263.94 million year-over-year, having topped consensus revenue estimates three times over the last four quarters [2] - The stock has gained approximately 39.4% since the beginning of the year, significantly outperforming the S&P 500's gain of 0.5% [3] 分组2 - The earnings outlook for Onto Innovation is crucial for investors, with current consensus EPS estimates at $1.29 for the coming quarter and $6.06 for the current fiscal year, alongside expected revenues of $271.09 million and $1.18 billion respectively [7] - The Zacks Industry Rank indicates that the Nanotechnology sector is currently in the top 3% of over 250 Zacks industries, suggesting a favorable environment for Onto Innovation's performance [8] - The company holds a Zacks Rank 2 (Buy), indicating expectations for the stock to outperform the market in the near future [6]