Veeco Instruments Inc. (NASDAQ:VECO) Median Sales Estimate At $76.8


The EPS projection of Veeco Instruments Inc. (NASDAQ:VECO) for quarter ended 2016-09-30 is $-0.3. Last week, the EPS forecast was $-0.3 against target of $-0.3, a month earlier. Two months ago, this estimate was $-0.3 versus forecast of $-0.3 three months earlier, implying a deviation of 0%.

Veeco Instruments Inc. (NASDAQ:VECO) stated that 18 days ago, its stock price was positively revised 0 times while negative revisions were 1.

In last week, the experts lowered EPS 0 times and increased EPS 0 times. In last 30, 120, 60 and 90 days, the experts upped revisions 0 , 0, 0, and 0, correspondingly.

EPS estimate downgrade for Veeco Instruments Inc. (NASDAQ:VECO) in the preceding 30, 120, 60 and 90 days were 0, 3, 3, and 3, correspondingly.

Earnings Surprises

Veeco Instruments Inc. (NASDAQ:VECO) EPS target for the quarter closed 1 was $-0.3, based on 3 recommendations. As reported on 2016-05-04 the EPS was $-0.26. The change was $0.13, implying a percentage deviation of 33.33%. The projections showed a standard deviation of 0.01.

Quarterly Sales Estimates

Veeco Instruments Inc. (NASDAQ:VECO) yearly sales prediction for the fiscal 2016 stands at $76.3 and the median estimate is at $76.8. Almost 3 analysts issued sales target.

Highest sales target is $77.1 while the lowest target is $75 showing standard deviation of 1.135%.

As many as 3 analysts have sales targets revised upside while 3 reduced sales estimates, implying a deviation of 0%.

Last month, 3 revised sales number projection on upside while 3 lowered the sales projections, implying a deviation of 0.328%.

A quarter ago, 3 hiked sales target and 3 reduced sales forecast. Veeco Instruments Inc. (NASDAQ:VECO) announced that the deviation in forecast was -31.323%.

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