Electro Scientific Industries (NASDAQ:ESIO) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided earnings per share guidance of $0.75-$0.95 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.83. The company issued revenue guidance of $95-$110 million, compared to the consensus revenue estimate of $107.73 million.
Electro Scientific Industries (NASDAQ ESIO) traded up $0.86 during trading on Thursday, reaching $17.41. The company’s stock had a trading volume of 1,202,100 shares, compared to its average volume of 1,655,507. The company has a quick ratio of 2.04, a current ratio of 2.86 and a debt-to-equity ratio of 0.07. Electro Scientific Industries has a twelve month low of $6.17 and a twelve month high of $27.72. The company has a market capitalization of $555.29, a P/E ratio of 28.92, a price-to-earnings-growth ratio of 0.69 and a beta of 0.76.
Electro Scientific Industries (NASDAQ:ESIO) last posted its quarterly earnings results on Wednesday, January 31st. The semiconductor company reported $0.99 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.83 by $0.16. Electro Scientific Industries had a return on equity of 14.57% and a net margin of 7.63%. The firm had revenue of $110.80 million during the quarter, compared to analysts’ expectations of $107.00 million. During the same quarter in the previous year, the business earned ($0.23) earnings per share. The company’s revenue was up 227.8% on a year-over-year basis. equities analysts expect that Electro Scientific Industries will post 1.99 EPS for the current fiscal year.
Electro Scientific Industries Company Profile
Electro Scientific Industries, Inc and its subsidiaries supply laser-based manufacturing solutions for industries reliant on microtechnologies. The Company operates through two segments: Component Processing and Micromachining. The Component Processing segment includes interconnect products, semiconductor products and component products.
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