Cognex Corporation reports results for the quarter ended June 30 - Earnings Summary
Cognex Corporation reports results for the quarter ended June 30 - Earnings Summary
Cognex Corporation CGNX.OQ reported quarterly adjusted earnings of 45 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 25 cents. The mean expectation of seventeen analysts for the quarter was for earnings of 42 cents per share. Wall Street expected results to range from 38 cents to 47 cents per share.
Revenue rose 16.9% to $291.26 million from a year ago; analysts expected $292.55 million.
Cognex Corporation's reported EPS for the quarter was 43 cents.
The company reported quarterly net income of $72.76 million.
Cognex Corporation shares had fallen by 1.2% this quarter and gained 98.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 36.4% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 6 "hold" and no "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 Corporation is $75.50, about 5.3% above its last closing price of $71.52
This summary was machine generated from LSEG data August 5 at 10:41 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 |
Jun. 30 2026 | 0.42 | 0.45 | Beat |
Mar. 31 2026 | 0.25 | 0.34 | Beat |
Dec. 31 2025 | 0.22 | 0.27 | Beat |
Sep. 30 2025 | 0.29 | 0.33 | Beat |
Recent news on Cognex
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Cognex Corporation reports results for the quarter ended June 30 - Earnings Summary
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