MKS Instruments (MKSI) Q3 Earnings: What's in the Cards?

Zacks Equity Research Published on October 18, 2018

MKS Instruments (MKSI - Free Report) is set to report third-quarter 2018 results on Oct 24.

Notably, the company’s earnings beat the Zacks Consensus Estimate in the trailing four quarters, delivering an average positive surprise of 5.35%.

In the last reported quarter, the company’s earnings of $2.33 per share surpassed the Zacks Consensus Estimate of $2.22 per share. The figure was much better than $1.41 per share reported in the year-ago quarter.

Revenues of $573 million surpassed the Zacks Consensus Estimate of $570 million and came in 19% higher than the year-ago figure, driven by strong demand from semiconductor and advanced market segments.

For the third quarter of 2018, MKS Instruments forecasts earnings in the range of $1.60-$1.86 per share. Revenues are anticipated in the range of $470-$510 million.

Let’s look at how things are shaping up for this announcement.

MKS Instruments, Inc. Price and EPS Surprise

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