Don't miss out on Tuesday 5th November 2024, when Novanta (NASDAQ: NOVT) will disclose its third quarter financial results before market open. Investors will have the chance to learn more about the company's performance during the quarter.
Wall Street financial experts are forecasting that the establishment will announce an expected $0.85 profit per share for the quarter. Moreover, the firm is anticipated to disclose a total revenue of $242.33 million for this specific period.
The earnings report for the corresponding quarter of the prior year unveiled a per-share income of $0.85. This was a direct result of the company's total revenue, which amounted to an impressive $221.5 million during that specific period.
The projections from Wall Street analysts indicate that the company is expected to generate a total revenue of $973.08 million for the full year. Moreover, they anticipate the earnings per share to reach profit of $3.29 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.73 | -8.8% | 235.86 M | +2.7% |
| Q1 2024 | $0.74 | 0% | 230.92 M | +5.4% |
| Q4 2023 | $0.63 | -16.0% | 211.57 M | -3.1% |
| Q3 2023 | $0.85 | +4.9% | 221.50 M | -0.7% |
| Q2 2023 | $0.80 | +2.6% | 229.65 M | +6.6% |
| *Growth on year-over-year basis | ||||
NOVT will host a conference call with investment community on 5th November 2024 at 10:00 AM eastern time to discuss the financial results.
The previous trading day saw Novanta (NOVT) shares trading between $170.57 and $174.92, besides a volume of 213.60 thousand shares. The stock closed Friday's regular trading session at $174.22, reflecting 2.34 percent increase.
