We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
For the fourth quarter, TER expects revenues between $710 million and $760 million. It anticipates non-GAAP earnings per share (EPS) between 80 cents and 97 cents.
The Zacks Consensus Estimate for fourth-quarter EPS is pegged at 90 cents, unchanged in the past 30 days. This suggests a 13.91% increase from the figure reported in the year-ago quarter.
Stay up-to-date with all quarterly releases: See ZacksEarnings Calendar
The Zacks Consensus Estimate for sales is pegged at $740.68 million, indicating an increase of 10.45% from the year-ago quarter’s reported value.
TER’s earnings surpassed the Zacks Consensus Estimate in all the trailing four quarters, the average being 23.20%.
Let’s see how things have shaped up for the upcoming announcement:
Factors to Note
Teradyne’s fourth-quarter 2024 performance is expected to have benefited from strong demand for AI applications in semiconductor testing and the anticipated growth in the robotics segment.
The continued strength in AI-driven demand, particularly in ADAS (Advanced Driver Assistance Systems), compute networking and HBM (High Bandwidth Memory), is expected to have boosted TER’s performance in the fourth quarter. The demand for AI applications is contributing significantly to both memory and compute sectors.
Teradyne expects a significant increase in the Total Addressable Market for memory tests, with an expected growth of $1.4 billion in the to-be-reported quarter, driven mainly by stronger demand for HBM. The upside is expected to have contributed positively to Teradyne’s performance in the fourth quarter.
Teradyne’s Advanced Robotics business is expected to have reflected sequential growth in the to-be-reported quarter, particularly from new product launches like the AI-powered MiR1200 Pallet Jack and the ongoing expansion of high-payload cobots (UR20 and UR30). The company aims for 5-10% robotics growth in 2024.
Growth in Teradyne’s OEM solutions channel for Universal Robots is expected to continue, with OEM revenues up more than 50% year over year. The company also plans to continue its focus on expanding this channel. The expansion of OEM partners using cobots in AI-based logistics solutions is expected to have further boosted Robotics revenues in the to-be-reported quarter.
However, excess inventory is expected to have impacted semiconductor growth negatively and may have been a significant challenge for the company.
What Our Model Says
According to the Zacks model, the combination of a positive Earnings ESP and Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here.
Teradyne has an Earnings ESP of 0.00% and sports a Zacks Rank #1. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks to Consider
Here are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings in their upcoming releases:
Image: Bigstock
Teradyne to Report Q4 Earnings: What's in Store for the Stock?
Teradyne (TER - Free Report) is scheduled to report its fourth-quarter 2024 results on Jan. 29, 2025.
For the fourth quarter, TER expects revenues between $710 million and $760 million. It anticipates non-GAAP earnings per share (EPS) between 80 cents and 97 cents.
The Zacks Consensus Estimate for fourth-quarter EPS is pegged at 90 cents, unchanged in the past 30 days. This suggests a 13.91% increase from the figure reported in the year-ago quarter.
Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar
Teradyne, Inc. Price and EPS Surprise
Teradyne, Inc. price-eps-surprise | Teradyne, Inc. Quote
The Zacks Consensus Estimate for sales is pegged at $740.68 million, indicating an increase of 10.45% from the year-ago quarter’s reported value.
TER’s earnings surpassed the Zacks Consensus Estimate in all the trailing four quarters, the average being 23.20%.
Let’s see how things have shaped up for the upcoming announcement:
Factors to Note
Teradyne’s fourth-quarter 2024 performance is expected to have benefited from strong demand for AI applications in semiconductor testing and the anticipated growth in the robotics segment.
The continued strength in AI-driven demand, particularly in ADAS (Advanced Driver Assistance Systems), compute networking and HBM (High Bandwidth Memory), is expected to have boosted TER’s performance in the fourth quarter. The demand for AI applications is contributing significantly to both memory and compute sectors.
Teradyne expects a significant increase in the Total Addressable Market for memory tests, with an expected growth of $1.4 billion in the to-be-reported quarter, driven mainly by stronger demand for HBM. The upside is expected to have contributed positively to Teradyne’s performance in the fourth quarter.
Teradyne’s Advanced Robotics business is expected to have reflected sequential growth in the to-be-reported quarter, particularly from new product launches like the AI-powered MiR1200 Pallet Jack and the ongoing expansion of high-payload cobots (UR20 and UR30). The company aims for 5-10% robotics growth in 2024.
Growth in Teradyne’s OEM solutions channel for Universal Robots is expected to continue, with OEM revenues up more than 50% year over year. The company also plans to continue its focus on expanding this channel. The expansion of OEM partners using cobots in AI-based logistics solutions is expected to have further boosted Robotics revenues in the to-be-reported quarter.
However, excess inventory is expected to have impacted semiconductor growth negatively and may have been a significant challenge for the company.
What Our Model Says
According to the Zacks model, the combination of a positive Earnings ESP and Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here.
Teradyne has an Earnings ESP of 0.00% and sports a Zacks Rank #1. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks to Consider
Here are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings in their upcoming releases:
Bill Holdings (BILL - Free Report) has an Earnings ESP of +29.71% and a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Bill Holdings’ shares have gained 17.4% in the trailing 12 months. BILL is set to report its second-quarter fiscal 2025 results on Feb. 6.
AMETEK (AME - Free Report) has an Earnings ESP of +0.54% and a Zacks Rank of 2 at present.
AMETEK shares have gained 13.7% in the trailing 12 months. AME is set to report its fourth-quarter 2024 results on Feb. 4.
CyberArk Software (CYBR - Free Report) has an Earnings ESP of +2.71% and a Zacks Rank of 2 at present.
CyberArk Software shares have surged 52.4% in the trailing 12 months. CYBR is set to report its fourth-quarter 2024 results on Feb. 13.