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CGNX — Cognex News Story

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Cognex Corp reports results for the quarter ended December 31 - Earnings Summary

* Cognex Corp  CGNX.OQ  reported quarterly adjusted earnings
of 20
cents​​ per share for the quarter ended December 31, higher than
the same quarter last year, when the company reported EPS of 11
cents.  The mean expectation of eighteen analysts for the
quarter was for earnings of 16 cents per share. Wall Street
expected results to range from 12 cents to 18 cents per share.
    * Revenue rose 16.8% to $229.68 million from a year ago;
analysts
expected $220.66 million. 
    * Cognex Corp's reported EPS for the quarter was 16 cents​.
    * The company reported quarterly net income of $28.36
million.
    * Cognex Corp shares had risen by 10.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 10
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the industrial
machinery & equipment peer group is also "buy"

Wall Street's median 12-month price target for Cognex Corp is
$47.00 
This summary was machine generated from LSEG data February 12 at
11:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.16           0.20           Beat
 Sep. 30 2024      0.19           0.20           Beat
 Jun. 30 2024      0.21           0.23           Beat
 Mar. 31 2024      0.08           0.11           Beat

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