Earnings Volatility Drives CoStar Group and These Stocks in a New Direction

CoStar Group Inc. (NASDAQ:CSGP) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 29.79% to $0.61 in the quarter versus EPS of $0.47 in the year-earlier quarter. Revenue Rose 27.9% to $109 million from the year-earlier quarter.

CoStar Group Inc. reported adjusted EPS income of $0.61 per share. By that measure, the company beat the mean analyst estimate of $0.58. It beat the average revenue estimate of $108.78 million.

CSGP

MKS Instruments Inc. (NASDAQ:MKSI) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 12.5% to $0.14 in the quarter versus EPS of $0.16 in the year-earlier quarter. Revenue Decreased 11.5% to $157 million from the year-earlier quarter.

MKS Instruments Inc. reported adjusted EPS income of $0.14 per share. By that measure, the company missed the mean analyst estimate of $0.27. It missed the average revenue estimate of $171.76 million.

MKSI

Richardson Electronics Ltd. (NASDAQ:RELL) had a loss and missed Wall Street’s expectations, BUT beat the revenue expectation. Adjusted Earnings Per Share decreased to $-0.01 in the quarter versus EPS of $0.21 in the year-earlier quarter. Revenue Decreased 9.47% to $35.18 million from the year-earlier quarter.

Richardson Electronics Ltd. reported adjusted EPS loss of $0.01 per share. By that measure, the company missed the mean analyst estimate of $0.

RELL

Cadence Design Systems Inc. (NASDAQ:CDNS) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 10.53% to $0.21 in the quarter versus EPS of $0.19 in the year-earlier quarter. Revenue Rose 10.88% to $362 million from the year-earlier quarter.

Cadence Design Systems Inc. reported adjusted EPS income of $0.21 per share. By that measure, the company beat the mean analyst estimate of $0.20. It beat the average revenue estimate of $359.6 million.

CDNS

Teradyne Inc. (NYSE:TER) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share decreased 44.16% to $0.43 in the quarter versus EPS of $0.77 in the year-earlier quarter. Revenue Decreased 21.78% to $428.89 million from the year-earlier quarter.

Teradyne Inc. reported adjusted EPS income of $0.43 per share. By that measure, the company beat the mean analyst estimate of $0.32. It beat the average revenue estimate of $407.85 million.

TER

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