Electro Scientific (ESIO) Misses Q2 EPS by 4c; Guides Q3 Well Below the Street

October 26, 2011 5:00 PM EDT
Electro Scientific Industries (NASDAQ: ESIO) reported Q2 EPS of $0.32, $0.04 worse than the analyst estimate of $0.36. Revenue for the quarter came in at $82 million versus the consensus estimate of $90 million.

Sees Q3 adj-EPS about breakeven, sales in the $50 million range. The Street is currently looking for EPS of 20 cents on sales of $73.43 million.


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