Electro Scientific Industries, Inc. (NASDAQ:ESIO) is set to release its earnings data after the market closes on Monday, October 30th. Electro Scientific Industries has set its Q2 guidance at $0.25-0.30 EPS.

Electro Scientific Industries (NASDAQ:ESIO) last released its quarterly earnings results on Wednesday, August 2nd. The semiconductor company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.20. Electro Scientific Industries had a negative net margin of 18.49% and a negative return on equity of 22.18%. The business had revenue of $72.70 million for the quarter, compared to analysts’ expectations of $61.10 million. During the same period in the previous year, the company earned $0.09 earnings per share. The firm’s revenue for the quarter was up 52.4% compared to the same quarter last year. On average, analysts expect Electro Scientific Industries to post $0.73 EPS for the current fiscal year and $0.82 EPS for the next fiscal year.

Electro Scientific Industries, Inc. (NASDAQ ESIO) opened at 15.63 on Monday. The stock’s market capitalization is $517.92 million. Electro Scientific Industries, Inc. has a 12-month low of $4.50 and a 12-month high of $15.94. The company’s 50-day moving average is $13.76 and its 200 day moving average is $9.87.

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ESIO has been the subject of several research analyst reports. Lake Street Capital restated a “buy” rating and set a $14.50 price target (up from $10.50) on shares of Electro Scientific Industries in a research note on Monday, September 18th. Zacks Investment Research lowered Electro Scientific Industries from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. Needham & Company LLC upgraded Electro Scientific Industries from a “hold” rating to a “buy” rating and set a $12.00 price target for the company in a research note on Thursday, August 3rd. BidaskClub upgraded Electro Scientific Industries from a “hold” rating to a “buy” rating in a research note on Wednesday, August 9th. Finally, ValuEngine upgraded Electro Scientific Industries from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Electro Scientific Industries presently has an average rating of “Buy” and an average price target of $12.83.

About Electro Scientific Industries

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.

Earnings History for Electro Scientific Industries (NASDAQ:ESIO)

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