Brooks Automation, Inc. (NASDAQ:BRKS) is reporting fourth quarter financial results on Tuesday 10th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, BRKS is expected to report 4Q20 income of $ 0.36 per share from revenue of $ 234.88 million.
For the full year, analysts anticipate top line of $ 885.95 million, while looking forward to income of $ 1.15 per share bottom line.
The Company Outlook
Earnings for 4Q20 are anticipated in a range of $ 0.32 ~ $ 0.40 per share, while revenues are expected in a range of $ 229.00 million ~ $ 241.00 million
Full Year 2020 topline are forecasted in a range of$ 850.00 million ~ $ 900.00 million, where as bottomline are predicted in a range of $ 1.20 ~ $ 1.40 per share
Click Here For More Historical Outlooks Of Brooks Automation, Inc.
Previous Quarter Performance
Brooks Automation, Inc. outlined income for the third quarter of $ 0.32 per share, from the revenue of $ 220.35 million. The quarterly earnings raised 60.00 percent compared with the same quarter last year. Street analysts expected Brooks Automation, Inc. to report income of $ 0.20 per share on revenue of $ 205.96 million for the third quarter. The bottom line results beat street analysts by $ 0.12 or 60.00 percent, at the same time, top line results outshined analysts by $ 14.39 million or 6.99 percent.
Stock Performance
Shares of Brooks Automation, Inc. traded up $ 3.26 or 5.67 percent on Monday, reaching $ 60.71 with volume of 653.10 thousand shares. Brooks Automation, Inc. has traded high as $ 61.53 and has cracked $ 59.47 on the downward trend
According to the previous trading day, closing price of $ 60.71, representing a 171.12 % increase from the 52 week low of $ 21.19 and a 6.63 % decrease over the 52 week high of $ 61.53.
The company has a market capital of $ 4.48 billion and is part of the Technology sector and Semiconductor Equipment & Materials industry.
Recent Analyst recommendations
- On 21st September 2020, upgraded by Stifel Nicolaus to Buy from Hold rating.
Conference Call
Brooks Automation, Inc. will be hosting a conference call at 4:30 PM eastern time on 10th November 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.brooks.com
Brooks Automation, Inc. provides automation and cryogenic solutions for various markets. The company operates in two segments, Brooks Semiconductor Solutions Group and Brooks Life Science Systems.