Novanta Inc reports results for the quarter ended in September - Earnings Summary

Novanta

09/11/2021 14:32

* Novanta Inc  NOVT.OQ  reported quarterly adjusted earnings of
75 cents​​ per share for the quarter ended in September. The
mean expectation of four analysts for the quarter was
for earnings of 60 cents per share.
* Revenue rose 24.3% to $177.73 million from a year ago; 
analysts expected $172.06 million. 
* Novanta Inc's reported EPS for the quarter was 38 cents​.
* The mean earnings estimate of analysts had risen by about 7.1%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Novanta Inc shares had risen by 15.7% this quarter and
gained 51.2% so far this year.
* The company reported quarterly net income of $13.6 million.
* Wall Street's median 12-month price target for Novanta Inc is
$150.00 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
This summary was machine generated November 9 at 02:32 p.m.
 ​All figures in US dollars unless otherwise stated