What Analyst Projections for Key Metrics Reveal About Teradyne (TER) Q1 Earnings

Wall Street analysts forecast that Teradyne (TER) will report quarterly earnings of $0.61 per share in its upcoming release, pointing to a year-over-year increase of 19.6%. It is anticipated that revenues will amount to $683.93 million, exhibiting an increase of 14% compared to the year-ago quarter.The current level reflects a downward revision of 0.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.That said, let's delve into the average estimates of some Teradyne metrics that Wall Street analysts commonly model and monitor.Analysts' assessment points toward 'Revenue- Wireless Test' reaching $27.62 million. The estimate suggests a change of +12.3% year over year.The consensus estimate for 'Revenue- Semiconductor Test- Memory' stands at $129.90 million. The estimate indicates a change of +18.2% from the prior-year quarter.Analysts expect 'Revenue- Semiconductor Test- System on-a-Chip' to come in at $363.23 million. The estimate points to a change of +20.2% from the year-ago quarter.The consensus among analysts is that 'Revenue- Industrial Automation (Robotics)' will reach $83.87 million. The estimate points to a change of -4.4% from the year-ago quarter.The collective assessment of analysts points to an estimated 'Revenue- Semiconductor Test' of $504.46 million. The estimate points to a change of +22.4% from the year-ago quarter.Analysts forecast 'Revenue- Systems Test' to reach $74.87 million. The estimate indicates a year-over-year change of -0.2%.It is projected by analysts that the 'Revenue- Robotics- Universal Robots' will reach $72.90 million. The estimate points to a change of +7.6% from the year-ago quarter.According to the collective judgment of analysts, 'Revenue- Robotics- Mobile Industrial Robots' should come in at $20.42 million. The estimate indicates a year-over-year change of +2.7%.View all Key Company Metrics for Teradyne here>>>Over the past month, shares of Teradyne have returned -20.8% versus the Zacks S&P 500 composite's -6.6% change. Currently, TER carries a Zacks Rank #5 (Strong Sell), suggesting that it may underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Teradyne, Inc. (TER): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks