Cabot
Cabot Microelectronics (CCMP) got here out with quarterly earnings of $1.92 per share, beating the Zacks Consensus Estimate of $1.71 per share. This compares to earnings of $1.90 per share a yr in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an earnings shock of 12.28%. 1 / 4 in the past, it was anticipated that this chip gear maker would submit earnings of $1.60 per share when it really produced earnings of $1.68, delivering a shock of 5%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates two instances.
Cabot, which belongs to the Zacks Electronics – Semiconductors business, posted revenues of $283.14 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 0.55%. This compares to year-ago revenues of $221.78 million. The corporate has topped consensus income estimates two instances over the past 4 quarters.
The sustainability of…