Nova Expects Q3 Revenue Of $168M-$176M Vs $148.1M Est, Adj EPS Of $1.60-$1.73 Vs $1.36 Est
Portfolio Pulse from Benzinga Newsdesk
Nova provided its financial outlook for Q3 2024, expecting revenue between $168M and $176M, significantly higher than the estimated $148.1M. The company also anticipates adjusted EPS between $1.60 and $1.73, surpassing the estimated $1.36.
August 08, 2024 | 11:33 am
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Nova's Q3 2024 financial outlook is positive, with revenue expected between $168M and $176M, and adjusted EPS between $1.60 and $1.73, both exceeding estimates.
The significant increase in expected revenue and adjusted EPS compared to estimates suggests strong performance and potential stock price appreciation in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100