Nova 3Q23 Outlook Sees Revenues Of $119M-$126M Vs. $122.43M Consensus; Adjusted EPS Of $1.02 To $1.13 Vs. $0.97 Consensus
Portfolio Pulse from Benzinga Newsdesk
Nova's management has provided an outlook for Q3 2023, expecting revenues of $119M-$126M and adjusted EPS of $1.02 to $1.13. Both estimates are above the consensus of $122.43M in revenue and $0.97 in EPS.
August 04, 2023 | 1:05 pm
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POSITIVE IMPACT
Nova's Q3 2023 outlook is positive with expected revenues and adjusted EPS above consensus estimates. This could potentially lead to a positive impact on the stock price.
Nova's management has provided an outlook for Q3 2023 that beats consensus estimates for both revenues and adjusted EPS. This positive outlook could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100