Research Analysts Issue Forecasts for Tokyo Electron Limited’s Q3 2021 Earnings (OTCMKTS:TOELY)
Tokyo Electron Limited (OTCMKTS:TOELY) – Analysts at Jefferies Financial Group issued their Q3 2021 earnings per share (EPS) estimates for shares of Tokyo Electron in a research report issued to clients and investors on Tuesday, January 12th. Jefferies Financial Group analyst M. Nakanomyo anticipates that the company will post earnings of $0.80 per share for the quarter. Jefferies Financial Group also issued estimates for Tokyo Electron’s Q4 2021 earnings at $1.09 EPS, FY2021 earnings at $3.61 EPS and FY2023 earnings at $4.59 EPS.
TOELY has been the subject of several other research reports. Zacks Investment Research downgraded shares of Tokyo Electron from a “buy” rating to a “hold” rating in a report on Thursday, October 15th. JPMorgan Chase & Co. cut Tokyo Electron from an “overweight” rating to a “neutral” rating in a report on Tuesday, December 15th.
About Tokyo Electron
Tokyo Electron Limited, together with its subsidiaries, develops, manufactures, distributes, and sells semiconductor and flat panel display (FPD) production equipment in Japan, North America, Europe, South Korea, Taiwan, China, and internationally. The company's Semiconductor Production Equipment segment offers coaters/developers, plasma etch systems, and single wafer deposition systems and cleaning systems used in wafer processing; wafer probers used in wafer testing process; and wafer bonders/debonders used in packaging processes.
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