Novanta Inc expected to post earnings of 73 cents a share - Earnings Preview

Novanta

01/08/2025 14:34

Novanta Inc NOVT.OQ NOVT.O is expected to  show a rise in quarterly revenue when it reports  results on August 5 for the period ending June 30 2025

The Bedford Massachusetts-based  company is expected to report a 0.9% increase in revenue to $237.987 million from $235.9 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on May 6 2025, for the period ended June 30, was for revenue between 230.00 million and 240.00 million.

​LSEG's mean analyst estimate for Novanta Inc is for earnings of 73 cents per share. The company's EPS guidance on May 6 2025, for the period ended June 30, was between 0.68 and 0.78

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Novanta Inc is $158.50, about 22.4% above its last closing price of $123.02

The company's guidance on May 6 2025 for the period ended June 30 was for Earnings before Interest, Taxes, Depreciation and Amortization of between 230 million and 55 million.The company's guidance on May 6 2025 for the period ended June 30 was for gross profit margin between 45.5% and 46.5%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Mar. 31 2025
0.67
0.67
0.74
Beat
9.9
Dec. 31 2025
0.71
0.71
0.76
Beat
6.5
Sep. 30 2024
0.85
0.85
0.85
Met
-0.4​
Jun. 30 2024
0.69
0.69
0.73
Beat
5.3
​​Mar. 31 2024
0.58
0.58
0.74
Beat
28.3
Dec. 31 2023
0.63
0.63
0.63
Met
0.5​
Sep. 30 2023
0.74
0.74
0.85
Beat
14.4
Jun. 30 2023
0.73
0.73
0.80
Beat
9.6

This summary was machine generated August 1 at 13:34 GMT.  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)