Earnings Outlook For Novanta
Portfolio Pulse from Benzinga Insights
Novanta (NASDAQ:NOVT) is set to release its latest quarterly earnings report on August 8, 2023. Analysts estimate an earnings per share (EPS) of $0.72. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. The stock is currently trading at $173.41, up 17.48% over the last 52-week period.
August 07, 2023 | 4:01 pm
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POSITIVE IMPACT
Novanta's upcoming earnings report could potentially impact its stock price. The company has a history of beating EPS estimates, which has generally led to an increase in share price. The stock is currently up 17.48% over the last 52 weeks.
Novanta has a history of beating EPS estimates, which has generally led to an increase in its share price. Given this trend and the positive performance of the stock over the last 52 weeks, the upcoming earnings report could potentially have a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100