Teradyne (TER) has topped Wall Street expectations for the last five quarters, and it will try to keep that streak alive as it reports the latest earnings on Wednesday.

Expectations

Analysts currently expect Teradyne to come in with earnings of 58 cents per share on revenues of $510.9 million. Estimates range from earnings per share to earnings per share. Over the past three months, the average estimate has moved up from 37 cents.

Stock Movement

The stock fell $1.55 per share between May 29, 2012 and June 4, 2012. Looking at change over the last three months, April 23, 2012 and July 18, 2012, the stock price fell $2.51 (-15.6%), from $16.14 to $13.63.

Company Fundamental Trends
On the heels last quarter's revenue increase, the company is focused on getting back on track after snapping a string of quarters spend in the red. Before climbing in the first quarter, revenue had decreased 9.7% in the second quarter of the last fiscal year, 31.4% in the third quarter of the last fiscal year and 7.8% in the fourth quarter of the last fiscal year. Net income has dropped by an average of 7.5% for the last four quarters during the run in to this earnings announcement.

Stock Ratings

Analysts are bullish on the stock as seven analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.

Last Quarter's Results

In the first quarter, profit fell 64.6% to $33.6 million (15 cents a share) from $94.9 million (41 cents a share) the year earlier, but exceeded analyst expectations. Revenue rose 5.2% to $396.7 million from $377.2 million.

Summary

 

Reporting Period: 2Q

Date of Release: Wednesday, July 25, 2012

EPS: 58 cents

Revenue Estimate: $510.9 million

 

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)