Novanta Inc <NOVT.OQ> expected to post earnings of 67 cents a share - Earnings Preview

• Novanta Inc NOVT.OQ NOVT.O is expected to show a rise in quarterly revenue when it reports results on May 6 for the period ending March 31 2025

• The Bedford Massachusetts-based company is expected to report a 1.0% increase in revenue to $233.34 million from $230.92 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on February 25 2025, for the period ended March 31, was for revenue between 232.00 million and 236.00 million.

• ​LSEG's mean analyst estimate for Novanta Inc is for earnings of 67 cents per share. The company's EPS guidance on February 25 2025, for the period ended March 31, was between 0.63 and 0.71

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street's median 12-month price target for Novanta Inc is $160.00​, above​ its last closing price of $120.79. ​​​

The company's guidance on February 25 2025 for the period ended March 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between 232 million and 51 million.The company's guidance on February 25 2025 for the period ended March 31 was for gross profit margin between 46% and 46.5%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated May 2 at 14:07 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)