Novanta Inc. reports results for the quarter ended June 30 - Earnings Summary

Novanta

05/08/2026 23:48

Novanta Inc. NOVT.OQ reported quarterly adjusted earnings of 89 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 76 cents.  The mean expectation of three analysts for the quarter was for earnings of 83 cents per share. Wall Street expected results to range from 82 cents to 84 cents per share.
Revenue rose 10.3% to $265.81 million from a year ago; analysts expected $262.30 million. 
Novanta Inc.'s reported EPS for the quarter was 30 cents​.
The company reported quarterly net income of $12.54 million.
Novanta Inc. shares had fallen by 1.7% this quarter and gained 34.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 3.5% 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 "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the electronic equipment & parts peer group is  "buy."
Wall Street's median 12-month price target for Novanta Inc. is $175.00, about 8.9% above its last closing price of $159.49
This summary was machine generated from LSEG data August 5 at 10:48 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 
0.83
0.89
Beat
Mar. 31 2026 
0.78
0.81
Beat
Dec. 31 2025 
0.88
0.91
Beat
Sep. 30 2025 
0.82
0.87
Beat