Teradyne shares closed up 2.74% at $398.32, outpacing the S&P 500's 0.51% gain. Ahead of its upcoming earnings release, analysts expect the company to post earnings of $2.04 per share, a 140% year-over-year increase, on revenue of $1.27 billion, up 65.2%. For the full year, the Zacks Consensus Estimates project earnings of $9.11 per share and revenue of $5.07 billion, representing shifts of +130.05% and +58.85%, respectively. Teradyne currently holds a Zacks Rank of #1 (Strong Buy), with a Forward P/E ratio of 42.58 versus its industry average of 20.4.
Teradyne IncAnalysts expect 140% YoY EPS growth and 65.2% revenue growth ahead of earnings, with a Zacks #1 Strong Buy rank.
