Tokyo Electron (TOELY) to Post Q3 2018 Earnings of $0.69 Per Share, Jefferies Group Forecasts
Tokyo Electron (OTCMKTS:TOELY) – Equities researchers at Jefferies Group issued their Q3 2018 earnings per share (EPS) estimates for Tokyo Electron in a research note issued to investors on Friday. Jefferies Group analyst M. Nakanomyo anticipates that the company will post earnings of $0.69 per share for the quarter. Jefferies Group also issued estimates for Tokyo Electron’s Q4 2018 earnings at $0.51 EPS and FY2018 earnings at $2.90 EPS.
Separately, Zacks Investment Research cut Tokyo Electron from a “buy” rating to a “hold” rating in a report on Thursday, January 11th.
COPYRIGHT VIOLATION NOTICE: This article was reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are viewing this article on another website, it was stolen and republished in violation of U.S. & international copyright & trademark legislation. The legal version of this article can be accessed at https://theolympiareport.com/2018/01/16/tokyo-electron-toely-to-post-q3-2018-earnings-of-0-69-per-share-jefferies-group-forecasts.html.
Tokyo Electron Company Profile
Tokyo Electron Limited, together with its subsidiaries, develops, manufactures, distributes, and sells semiconductor and flat panel display (FPD) production equipment in Japan, the United States, Europe, South Korea, Taiwan, China, and internationally. The companys Semiconductor Production Equipment segment offers coaters/developers, plasma etch systems, thermal processing systems, single wafer deposition systems, cleaning systems used in wafer processing, wafer probers used in wafer testing process, electrochemical deposition systems, wafer bonders/debonders, surface preparation systems, test systems, SIC epitaxial CVD systems, gas cluster ion beam systems, and packaging products.
Receive News & Ratings for Tokyo Electron Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tokyo Electron and related companies with MarketBeat.com's FREE daily email newsletter.