Teradyne (TER) Gains As Market Dips: What You Should Know

Teradyne (TER) Gains As Market Dips: What You Should Know
This story originally appeared on Zacks

Teradyne (TER) closed the most recent trading day at $166.38, moving +0.16% from the previous trading session. This move outpaced the S&P 500’s daily loss of 0.06%. Meanwhile, the Dow gained 0.59%, and the Nasdaq, a tech-heavy index, lost 0.3%.

Teradyne (TER) Gains As Market Dips: What You Should Know – Zacks

Coming into today, shares of the maker of wireless products, data storage and equipment to test semiconductors had gained 8.85% in the past month. In that same time, the Computer and Technology sector gained 4.06%, while the S&P 500 gained 5.76%.

Wall Street will be looking for positivity from Teradyne as it approaches its next earnings report date. The company is expected to report EPS of $1.29, up 17.27% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $867.39 million, up 14.29% from the year-ago period.

Investors…

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