Barclays Maintains Overweight on Veeco Instruments, Lowers Price Target to $24
Barclays analyst Tom O'Malley maintains Veeco Instruments (NASDAQ:VECO) with a Overweight and lowers the price target from $26 to $24.
Veeco Instruments Q2 EPS $0.35 Beats $0.29 Estimate, Sales $164.00M Beat $160.82M Estimate
Veeco Instruments (NASDAQ:VECO) reported quarterly earnings of $0.35 per share which beat the analyst consensus estimate of $0.29 by 20.69 percent. This is unchanged from the same period last year. The company reported
Looking Into Veeco Instruments’s Return On Capital Employed
According to Benzinga Pro, during Q1, Veeco Instruments (NASDAQ:VECO) earned $13.33 million, a 62.5% increase from the preceding quarter. Veeco Instruments also posted a total of $156.43 million in sales, a 2.26% increase since Q4.
Goldman Sachs Maintains Neutral on Veeco Instruments, Lowers Price Target to $28
Goldman Sachs maintains Veeco Instruments (NASDAQ:VECO) with a Neutral and lowers the price target from $32 to $28.
Earnings Scheduled For May 9, 2022
Companies Reporting Before The Bell
• Atlantica Sustainable (NASDAQ:AY) is likely to report quarterly loss at $0.08 per share on revenue of $277.90 million.
Multinational Semiconductor Company Orders Multiple VEECO Wet Processing Systems For Advanced Packaging Applications; No Financial Terms Disclosed
Veeco Instruments Inc. (NASDAQ:VECO) today announced that a world-leading semiconductor manufacturer has ordered multiple Veeco WaferStorm® Wet Processing Systems for advanced packaging applications.