Insights into MKS Instruments's Upcoming Earnings

MKS Instruments (NASDAQ:MKSI) is set to give its latest quarterly earnings report on Wednesday, 2024-11-06. Here's what investors need to know before the announcement.

Analysts estimate that MKS Instruments will report an earnings per share (EPS) of $1.45.

Anticipation surrounds MKS Instruments's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Past Earnings Performance

In the previous earnings release, the company beat EPS by $0.46, leading to a 6.23% increase in the share price the following trading session.

Here's a look at MKS Instruments's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.07

0.75

0.84

1.02

EPS Actual

1.53

1.18

1.17

1.46

Price Change %

6.0%

3.0%

6.0%

1.0%

Market Performance of MKS Instruments's Stock

Shares of MKS Instruments were trading at $99.57 as of November 04. Over the last 52-week period, shares are up 44.51%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Observations about MKS Instruments

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on MKS Instruments.

A total of 8 analyst ratings have been received for MKS Instruments, with the consensus rating being Neutral. The average one-year price target stands at $131.25, suggesting a potential 30.47% upside.

Comparing Ratings Among Industry ...