Shares of Camtek Ltd. (NASDAQ: CAMT) tumbled 5.20% in pre-market trading on Tuesday, despite the company reporting second-quarter earnings that met analyst expectations and sales that surpassed estimates. The significant drop suggests that investors may be reacting to factors beyond the headline numbers.

Camtek, a leading manufacturer of metrology and inspection equipment, announced quarterly earnings of $0.79 per share, in line with analyst consensus estimates. This represents a 19.7% increase from $0.66 per share in the same quarter last year. The company's quarterly sales came in at $123.300 million, beating the analyst consensus estimate of $121.619 million by 1.38%. This marks a robust 20.19% increase over sales of $102.591 million in the same period last year.

Despite these seemingly positive results, the stock's pre-market plunge indicates that investors may have had higher expectations or are focusing on other aspects of the report not highlighted in the initial release. Possible factors could include forward guidance, market conditions, or specific details within the earnings report that raised concerns among investors. As the trading day progresses, it will be crucial to watch for any additional information or analyst commentary that might shed light on the reasons behind this unexpected stock movement.