Nanometrics (NANO) to Release Quarterly Earnings on Tuesday
Nanometrics (NASDAQ:NANO) is scheduled to issue its Q114 quarterly earnings data on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.08 per share and revenue of $51.15 million for the quarter. Nanometrics has set its Q1 guidance at $0.01 to $0.13 EPS.
Nanometrics (NASDAQ:NANO) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $0.04 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.01) by $0.05. The company had revenue of $46.16 million for the quarter, compared to the consensus estimate of $44.88 million. During the same quarter in the prior year, the company posted ($0.13) earnings per share. The company’s quarterly revenue was up 52.5% on a year-over-year basis. On average, analysts expect Nanometrics to post $0.62 EPS for the current fiscal year and $1.14 EPS for the next fiscal year.
Nanometrics (NASDAQ:NANO) opened at 16.82 on Monday. Nanometrics has a one year low of $13.37 and a one year high of $19.94. The stock has a 50-day moving average of $17.73 and a 200-day moving average of $17.80. The company’s market cap is $399.6 million.
A number of research firms have recently commented on NANO. Analysts at Zacks upgraded shares of Nanometrics from an “underperform” rating to a “neutral” rating in a research note on Friday, March 7th. They now have a $19.20 price target on the stock. Finally, analysts at Pacific Crest raised their price target on shares of Nanometrics from $20.00 to $23.00 in a research note on Wednesday, February 5th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Nanometrics currently has a consensus rating of “Hold” and an average price target of $19.31.
Nanometrics Incorporated (NASDAQ:NANO) is a provider of advanced, high-performance process control metrology and inspection systems used primarily in the fabrication of integrated circuits, high-brightness (HB) light emitting diodes (LEDs), data storage devices and solar photovoltaics (solar PV).
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