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Novanta (NOVT) Earnings Date, Estimates & Call Transcripts

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$156.14 +0.58 (+0.37%)
(As of 02:56 PM ET)

Novanta Latest Earnings Summary

Actual EPS
(Nov. 5)
$0.85
Consensus EPS
(Nov. 5)
$0.85

Novanta announced Q3 2024 earnings on November 5, 2024, reporting an EPS of $0.85, which hit the consensus estimate of $0.85. Quarterly revenue rose 10.3% year-over-year to $244.40 million, above analysts' expectations of $242.33 million. With a trailing EPS of $1.67 and a P/E Ratio of 93.50, Novanta's earnings are expected to grow 21.45% next year, from $3.03 to $3.68 per share.

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NOVT Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

NOVT Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Novanta Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241$0.57$0.57$0.570.550 - 0.600
Q2 20241$0.69$0.69$0.690.680 - 0.740
Q3 20241$0.86$0.86$0.860.850 - 0.890
Q4 20241$0.71$0.71$0.710.700 - 0.740
FY 20244$2.83$2.83$2.83 
Q1 20251$0.78$0.78$0.78 
Q2 20251$0.87$0.87$0.87 
Q3 20251$1.00$1.00$1.00 
Q4 20251$1.04$1.04$1.04 
FY 20254$3.69$3.69 $3.69

Novanta Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
11/5/2024Q3 2024$0.85$0.85-$1.17$242.33M$244.40M
8/6/2024Q2 2024$0.69$0.73+$0.04$1.08$233.63M$235.86M
5/7/2024Q1 2024$0.57$0.74+$0.17$1.07$227.85M$230.92M
2/28/2024Q4 2023$0.63$0.63-$0.91$210.90M$211.60M
11/7/2023Q3 2023$0.74$0.85+$0.11$1.11$223.18M$221.50M
8/8/2023Q2 2023$0.72$0.80+$0.08$1.02$225.50M$229.46M
5/9/2023Q1 2023$0.64$0.74+$0.10$0.97$211.22M$219.10M
3/1/2023Q4 2022$0.69$0.75+$0.06$1.08$215.57M$218.37M

Novanta Earnings - Frequently Asked Questions

Novanta (NASDAQ:NOVT) last announced its quarterly earning data on Tuesday, November 5, 2024. Learn more on NOVT's earnings history.

Novanta updated its FY 2024 earnings guidance on Tuesday, November, 5th. The company provided earnings per share guidance of 3.020-3.060 for the period, compared to the consensus estimate of 3.290. The company issued revenue guidance of $948.0 million-$953.0 million, compared to the consensus revenue estimate of $973.1 million.

In the previous quarter, Novanta (NASDAQ:NOVT) reported $0.85 earnings per share (EPS) to hit the analysts' consensus estimate of $0.85. Learn more on analysts' earnings estimate vs. NOVT's actual earnings.

The conference call for Novanta's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Novanta's latest earnings report can be read online.
Read Transcript

Novanta (NASDAQ:NOVT) has a recorded annual revenue of $922.75 million.

Novanta (NASDAQ:NOVT) has a recorded net income of $72.88 million. NOVT has generated $1.67 earnings per share over the last four quarters.

Novanta (NASDAQ:NOVT) has a trailing price-to-earnings ratio of 93.25 and a forward price-to-earnings ratio of 51.40.

Novanta's earnings are expected to grow from $3.03 per share to $3.68 per share in the next year, which is a 21.45% increase.

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This page (NASDAQ:NOVT) was last updated on 12/26/2024 by MarketBeat.com Staff
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