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

Cognex

16/02/2023 22:43

* Cognex Corp  CGNX.OQ  reported quarterly adjusted earnings
of 27
cents​​ per share for the quarter ended in December. The mean
expectation of thirteen analysts for the quarter was
for earnings of 32 cents per share.
    * Revenue fell 1.9% to $239.43 million from a year ago;
analysts
expected $245.72 million. 
    * Cognex Corp's reported EPS for the quarter was 32 cents​.
    * The mean earnings estimate of analysts had risen by
about 10.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Cognex Corp shares had risen by 19.7% this quarter.
    * The company reported quarterly net income of $55.31
million.
    * Wall Street's median 12-month price target for Cognex Corp
is
$50.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 8
"hold" and 5 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
16 at 10:43 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.32           0.27           Missed
 Sep. 30 2022      0.14           0.21           Beat
 Jun. 30 2022      0.41           0.41           Met
 Mar. 31 2022      0.39           0.42           Beat