Save the date! Thursday 31st October 2024, is when Onto Innovation (NYSE: ONTO) will be sharing its eagerly awaited third quarter financial results. Investors and analysts will be able to gain valuable insights into the company's financial performance as the announcement is scheduled after market close.
the firm is projected to announce an estimated per share $1.32 profit for the quarter, as predicted by financial analysts on Wall Street. Moreover, the company is expected to disclose a total revenue of $250.82 million for this period.
In comparison to the same quarter of the prior year, the company's financial statement showcased a per share of income of $0.96. This was credited to the company's total revenue, which reached an impressive $207.19 million in that particular timeframe.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $981.38 million. At the same time, the earnings per share for the company are also anticipated to reach profit of $5.22 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.32 | +67.1% | 242.33 M | +27.1% |
| Q1 2024 | $1.18 | +28.3% | 228.85 M | +14.9% |
| Q4 2023 | $1.06 | -32.5% | 218.86 M | -13.6% |
| Q3 2023 | $0.96 | -28.9% | 207.19 M | -18.5% |
| Q2 2023 | $0.79 | -38.3% | 190.66 M | -25.6% |
| *Growth on year-over-year basis | ||||
ONTO will host a conference call with investment community on 31st October 2024 at 04:30 PM eastern time to discuss the financial results.
Throughout Tuesday's trading, Onto Innovation (ONTO) shares fluctuated between $201.00 and $214.94, with a trading volume of 679.50 thousand shares. The stock ended the regular trading session at $213.69, marking an increase of 5.66 percent.
