Advantest (ATEYY) Forecasted to Post FY2018 Earnings of $0.79 Per Share
Advantest (OTCMKTS:ATEYY) – Stock analysts at Jefferies Group raised their FY2018 earnings estimates for shares of Advantest in a note issued to investors on Wednesday, April 18th. Jefferies Group analyst M. Nakanomyo now anticipates that the company will post earnings per share of $0.79 for the year, up from their previous forecast of $0.78. Jefferies Group also issued estimates for Advantest’s FY2019 earnings at $1.04 EPS and FY2020 earnings at $1.07 EPS.
Separately, Zacks Investment Research lowered shares of Advantest from a “buy” rating to a “hold” rating in a research report on Wednesday.
Advantest Company Profile
Advantest Corporation manufactures and sells semiconductor and component test system products and mechatronics-related products. It operates through Semiconductor and Component Test System; Mechatronics System; and Services, Support and Others segments. The Semiconductor and Component Test System segment provides customers with test system products for the semiconductor industry and the electronic parts industry.
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