Nova Sees Q4 Revenues Of $123M-$132M Vs. $127.29M Consensus; Adjusted EPS Of $1.16-$1.31 Vs. $1.09 Consensus
Portfolio Pulse from Benzinga Newsdesk
Nova, a semiconductor company, expects its Q4 revenues to be between $123M and $132M, compared to the consensus estimate of $127.29M. The company also forecasts its adjusted EPS to be between $1.16 and $1.31, higher than the consensus estimate of $1.09.
November 09, 2023 | 12:57 pm
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Nova's Q4 revenue and adjusted EPS forecasts are both higher than consensus estimates, indicating a potentially strong performance.
Nova's projected Q4 revenues and adjusted EPS are both higher than the consensus estimates. This suggests that the company is performing well and could potentially exceed market expectations, which could positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100