Teradyne (NASDAQ:TER) reported its Q3 earnings results on Tuesday, October 26, 2021 at 05:00 PM.

Here's what investors need to know about the announcement.

Earnings

Teradyne beat their estimated earnings by 11.19%, which surprised analysts.

Revenue was up $131,501,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.16, which was followed by a 1.12% drop in the share price the next day.

Here's a look at Teradyne's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Teradyne management provided guidance for their next quarter, expecting earnings between $1.29 and $1.55 per share for the nextquarter.

This represents a -10.69% in quarter-over-quarter growth for Teradyne, a bearish signal to many investors.

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.