For the quarter ended March 2024, Teradyne (TER Quick QuoteTER - Free Report) reported revenue of $599.82 million, down 2.9% over the same period last year. EPS came in at $0.51, compared to $0.55 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $571.79 million, representing a surprise of +4.90%. The company delivered an EPS surprise of +54.55%, with the consensus EPS estimate being $0.33.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Teradyne performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Revenue- Semiconductor Test: $412 million versus the three-analyst average estimate of $369.83 million.
• Revenue- Industrial Automation (Robotics): $88 million compared to the $93.25 million average estimate based on three analysts.
• Revenue- Wireless Test: $25 million versus the three-analyst average estimate of $33.05 million.
• Revenue- Systems Test: $75 million compared to the $75.79 million average estimate based on three analysts.

View all Key Company Metrics for Teradyne here>>>

Shares of Teradyne have returned -7.7% over the past month versus the Zacks S&P 500 composite's -3% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.