inTEST (INTT) Issues Q1 2019 Earnings Guidance

inTEST (NYSEAMERICAN:INTT) updated its first quarter 2019 earnings guidance on Thursday. The company provided EPS guidance of $0.13-0.18 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.16. The company issued revenue guidance of $18-19 million, compared to the consensus revenue estimate of $18.15 million.

Several brokerages have issued reports on INTT. Zacks Investment Research downgraded shares of inTEST from a buy rating to a hold rating in a report on Thursday, February 21st. Dawson James reaffirmed a buy rating on shares of inTEST in a report on Friday, December 28th. Finally, Lake Street Capital began coverage on shares of inTEST in a report on Friday, February 8th. They issued a buy rating and a $9.00 price target on the stock.

Shares of NYSEAMERICAN INTT opened at $7.13 on Friday. inTEST has a 12-month low of $5.45 and a 12-month high of $9.44.

inTEST (NYSEAMERICAN:INTT) last announced its quarterly earnings results on Thursday, March 7th. The semiconductor company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.05.

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About inTEST

inTEST Corporation designs, manufactures, and markets thermal management products and semiconductor automated test equipment interface solutions worldwide. The company operates in two segments, Thermal Products (Thermal) and Electromechanical Semiconductor Products (EMS). The Thermal segment offers ThermoStream temperature management tools, MobileTemp systems, ThermoChambers, Thermal Platforms, ThermoChuck precision vacuum platform assemblies, Thermonics temperature conditioning products, and EKOHEAT and EASYHEAT induction heating systems.

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