Veeco Instruments Inc. (NASDAQ:VECO) Yearly Sales Target At $76.3


The EPS projection of Veeco Instruments Inc. (NASDAQ:VECO) for quarter ended 2016-09-30 is $-0.3. A week before, the EPS forecast was $-0.3 against target of $-0.3, a month earlier. This estimate stood at $-0.3 60 days earlier versus forecast of $-0.3 90 days earlier, confirming a deviation of 0%.

Veeco Instruments Inc. (NASDAQ:VECO) reported that 18 days ago, the positive EPS revisions were 0 and negative revisions at 1.

In last week, the per-share earnings was lowered 0 times and 0 times positively. In last 120, 60, 30 and 90 days the positive revisions were 0, 0, 0 and 0, respectively.

The downgrade of EPS estimates for Veeco Instruments Inc. (NASDAQ:VECO) in the preceding 120, 60, 30 and 90 days were 1, 3, 0 and 3, in that order.

Earnings Surprises

As per the latest update, for the quarter closed 1, the EPS estimate of Veeco Instruments Inc. (NASDAQ:VECO) was $-0.3. This projection was computed after accounting 3 calls. As reported on 2016-05-04 the EPS was $-0.26. The change was $0.13, demonstrating a percentage deviation of 33.33%. The projections confirmed a standard deviation of 0.01.

Quarterly Sales Estimates

For the fiscal 2016, the yearly sales target for Veeco Instruments Inc. (NASDAQ:VECO) stands at $76.3 and the median estimate at $76.8. Almost 3 analysts announced their estimates.

The highest estimate is $77.1 while the lowest target is $75 showing standard deviation of 1.135%.

As many as 3 analysts released sales estimates reised in upside while 3 reduced sales estimates, demonstrating a deviation of 0%.

In last month, 3 revised sales number projection on upside while 3 lowered the sales target, demonstrating a deviation of 0.328%.

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

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