Veeco Instruments Earnings Estimate

VECO Stock  USD 25.47  0.94  3.83%   
The next projected EPS of Veeco Instruments is estimated to be 0.4301 with future projections ranging from a low of 0.4225 to a high of 0.44. Veeco Instruments' most recent 12-month trailing earnings per share (EPS TTM) is at 1.39. Please be aware that the consensus of earnings estimates for Veeco Instruments is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Veeco Instruments is projected to generate 0.4301 in earnings per share on the 31st of December 2024. Veeco Instruments earnings estimates show analyst consensus about projected Veeco Instruments EPS (Earning Per Share). It derives the highest and the lowest estimates based on Veeco Instruments' historical volatility. Many public companies, such as Veeco Instruments, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Veeco Instruments Revenue Breakdown by Earning Segment

By analyzing Veeco Instruments' earnings estimates, investors can diagnose different trends across Veeco Instruments' analyst sentiment over time as well as compare current estimates against different timeframes. As of the 30th of January 2025, Operating Profit Margin is likely to grow to 0.13, while Gross Profit is likely to drop about 189.7 M.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veeco Instruments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Veeco Stock, please use our How to Invest in Veeco Instruments guide.

Veeco Instruments Earnings Estimation Breakdown

The calculation of Veeco Instruments' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Veeco Instruments is estimated to be 0.4301 with the future projection ranging from a low of 0.4225 to a high of 0.44. Please be aware that this consensus of annual earnings estimates for Veeco Instruments is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.46
0.42
Lowest
Expected EPS
0.4301
0.44
Highest

Veeco Instruments Earnings Projection Consensus

Suppose the current estimates of Veeco Instruments' value are higher than the current market price of the Veeco Instruments stock. In this case, investors may conclude that Veeco Instruments is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Veeco Instruments' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2024Current EPS (TTM)
784.69%
0.46
0.4301
1.39

Veeco Instruments Earnings History

Earnings estimate consensus by Veeco Instruments analysts from Wall Street is used by the market to judge Veeco Instruments' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Veeco Instruments' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Veeco Instruments Quarterly Gross Profit

79.21 Million

As of the 30th of January 2025, Price Earnings To Growth Ratio is likely to grow to 0.44, though Retained Earnings are likely to grow to (455 M). As of the 30th of January 2025, Net Income Applicable To Common Shares is likely to grow to about 157.8 M, while Common Stock Shares Outstanding is likely to drop about 35.5 M.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Veeco Instruments' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
22.9725.3627.75
Details
Intrinsic
Valuation
LowRealHigh
22.9130.5732.96
Details
Naive
Forecast
LowNextHigh
21.4523.8426.24
Details
7 Analysts
Consensus
LowTargetHigh
31.8535.0038.85
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of Veeco assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Veeco Instruments. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Veeco Instruments' stock price in the short term.

Veeco Instruments Earnings per Share Projection vs Actual

Actual Earning per Share of Veeco Instruments refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Veeco Instruments predict the company's earnings will be in the future. The higher the earnings per share of Veeco Instruments, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Veeco Instruments Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Veeco Instruments, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Veeco Instruments should always be considered in relation to other companies to make a more educated investment decision.

Veeco Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Veeco Instruments' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-11-06
2024-09-300.450.460.01
2024-08-06
2024-06-300.430.42-0.01
2024-05-07
2024-03-310.410.450.04
2024-02-14
2023-12-310.420.510.0921 
2023-11-06
2023-09-300.370.530.1643 
2023-08-07
2023-06-300.30.360.0620 
2023-05-08
2023-03-310.20.30.150 
2023-02-15
2022-12-310.320.380.0618 
2022-11-07
2022-09-300.410.450.04
2022-08-08
2022-06-300.290.350.0620 
2022-05-09
2022-03-310.350.380.03
2022-02-16
2021-12-310.370.430.0616 
2021-11-02
2021-09-300.350.40.0514 
2021-08-03
2021-06-300.270.350.0829 
2021-05-04
2021-03-310.230.250.02
2021-02-11
2020-12-310.310.3-0.01
2020-10-27
2020-09-300.20.220.0210 
2020-08-03
2020-06-300.070.110.0457 
2020-05-07
2020-03-310.060.220.16266 
2020-02-13
2019-12-310.080.110.0337 
2019-11-04
2019-09-30-0.010.050.06600 
2019-08-05
2019-06-30-0.09-0.060.0333 
2019-05-06
2019-03-31-0.21-0.140.0733 
2019-02-11
2018-12-31-0.16-0.160.0
2018-11-01
2018-09-300.080.110.0337 
2018-08-02
2018-06-300.130.150.0215 
2018-05-07
2018-03-310.060.20.14233 
2018-02-12
2017-12-310.090.190.1111 
2017-11-02
2017-09-300.020.090.07350 
2017-08-03
2017-06-300.040.150.11275 
2017-05-04
2017-03-310.070.090.0228 
2017-02-16
2016-12-310.060.090.0350 
2016-11-01
2016-09-30-0.17-0.050.1270 
2016-08-01
2016-06-30-0.2-0.190.01
2016-05-04
2016-03-31-0.26-0.150.1142 
2016-02-22
2015-12-31-0.020.010.03150 
2015-10-28
2015-09-300.30.330.0310 
2015-08-03
2015-06-300.170.20.0317 
2015-05-06
2015-03-31-0.11-0.010.190 
2015-02-17
2014-12-310.040.130.09225 
2014-10-29
2014-09-30-0.12-0.020.183 
2014-07-30
2014-06-30-0.18-0.160.0211 
2014-05-05
2014-03-31-0.16-0.060.162 
2014-02-19
2013-12-31-0.33-0.42-0.0927 
2013-11-08
2013-09-30-0.03-0.08-0.05166 
2012-10-22
2012-09-300.310.3-0.01
2012-07-26
2012-06-300.370.370.0
2012-04-30
2012-03-310.190.490.3157 
2012-02-06
2011-12-310.670.720.05
2011-10-24
2011-09-301.131.330.217 
2011-07-28
2011-06-301.361.34-0.02
2011-04-25
2011-03-311.211.330.12
2011-02-07
2010-12-311.61.620.02
2010-10-25
2010-09-301.261.460.215 
2010-07-26
2010-06-300.831.010.1821 
2010-04-26
2010-03-310.480.490.01
2010-02-08
2009-12-310.340.410.0720 
2009-10-26
2009-09-300.010.160.151500 
2009-07-27
2009-06-30-0.2-0.150.0525 
2009-04-27
2009-03-31-0.24-0.220.02
2009-02-09
2008-12-310.080.110.0337 
2008-10-27
2008-09-300.120.150.0325 
2008-07-28
2008-06-300.080.160.08100 
2008-04-28
2008-03-310.030.090.06200 
2008-02-11
2007-12-310.050.070.0240 
2007-10-22
2007-09-30-0.07-0.050.0228 
2007-07-27
2007-06-300.090.05-0.0444 
2007-04-24
2007-03-310.070.10.0342 
2007-02-12
2006-12-310.210.280.0733 
2006-10-23
2006-09-300.160.190.0318 
2006-07-24
2006-06-300.160.180.0212 
2006-04-25
2006-03-310.060.090.0350 
2006-02-13
2005-12-310.160.220.0637 
2005-10-24
2005-09-300.120.140.0216 
2005-07-25
2005-06-300.060.090.0350 
2005-04-26
2005-03-310.010.010.0
2005-03-16
2004-12-310.060.03-0.0350 
2004-10-25
2004-09-300.050.050.0
2004-07-26
2004-06-300.140.150.01
2004-04-26
2004-03-310.090.110.0222 
2004-02-06
2003-12-310.020.030.0150 
2003-10-27
2003-09-300.040.03-0.0125 
2003-07-29
2003-06-300.030.030.0
2003-02-11
2002-12-31-0.13-0.110.0215 
2002-10-28
2002-09-300.03-0.0715-0.1015338 
2002-04-26
2002-03-31-0.06-0.1086-0.048681 
2002-02-08
2001-12-310.070.110.0457 
2001-10-26
2001-09-300.310.320.01
2001-07-27
2001-06-300.40.420.02
2001-04-20
2001-03-310.450.510.0613 
2001-02-06
2000-12-310.330.390.0618 
2000-10-27
2000-09-300.190.20.01
2000-07-28
2000-06-300.20.210.01
2000-04-25
2000-03-310.250.14-0.1144 
2000-02-10
1999-12-310.390.390.0
1999-10-26
1999-09-300.350.390.0411 
1999-07-28
1999-06-300.350.350.0
1999-04-26
1999-03-310.30.320.02
1999-02-09
1998-12-310.270.270.0
1998-10-22
1998-09-300.250.260.01
1998-07-29
1998-06-300.220.240.02
1998-04-27
1998-03-310.250.30.0520 
1998-02-09
1997-12-310.420.3-0.1228 
1997-10-23
1997-09-300.450.510.0613 
1997-07-30
1997-06-300.420.490.0716 
1997-04-23
1997-03-310.350.430.0822 
1997-01-27
1996-12-310.320.360.0412 
1996-10-24
1996-09-300.330.340.01
1996-07-25
1996-06-300.340.350.01
1996-04-24
1996-03-310.310.310.0
1996-01-24
1995-12-310.320.330.01
1995-10-19
1995-09-300.280.330.0517 
1995-07-19
1995-06-300.230.250.02
1995-04-24
1995-03-310.160.170.01

About Veeco Instruments Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Veeco Instruments earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Veeco Instruments estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Veeco Instruments fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings-479 M-455 M
Retained Earnings Total Equity-451.6 M-429 M
Earnings Yield(0.02)(0.02)
Price Earnings Ratio(63.18)(60.02)
Price Earnings To Growth Ratio 0.42  0.44 

Pair Trading with Veeco Instruments

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Veeco Instruments position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Veeco Instruments will appreciate offsetting losses from the drop in the long position's value.

Moving against Veeco Stock

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The ability to find closely correlated positions to Veeco Instruments could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Veeco Instruments when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Veeco Instruments - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Veeco Instruments to buy it.
The correlation of Veeco Instruments is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Veeco Instruments moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Veeco Instruments moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Veeco Instruments can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Veeco Instruments offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Veeco Instruments' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Veeco Instruments Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Veeco Instruments Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veeco Instruments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Veeco Stock, please use our How to Invest in Veeco Instruments guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Veeco Instruments. If investors know Veeco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Veeco Instruments listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Earnings Share
1.39
Revenue Per Share
12.611
Quarterly Revenue Growth
0.042
Return On Assets
0.0457
The market value of Veeco Instruments is measured differently than its book value, which is the value of Veeco that is recorded on the company's balance sheet. Investors also form their own opinion of Veeco Instruments' value that differs from its market value or its book value, called intrinsic value, which is Veeco Instruments' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Veeco Instruments' market value can be influenced by many factors that don't directly affect Veeco Instruments' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Veeco Instruments' value and its price as these two are different measures arrived at by different means. Investors typically determine if Veeco Instruments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Veeco Instruments' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.