Nova Measuring Reports Third Quarter Earnings
Investing.com – Nova Measuring (NASDAQ: NVMI) reported a third quarter EPS of $1.74, exceeding the analyst estimate of $1.68 by $0.06. Revenue for the quarter was $178.97M, surpassing the consensus estimate of $171.84M.
Guidance
Nova Measuring projects Q4 2024 EPS in the range of $1.72-$1.91, compared to the analyst consensus of $1.69. The anticipated Q4 2024 revenue is expected to be between $181.00M-$191.00M, higher than the analyst consensus of $177.80M.
Stock Performance
Nova Measuring's stock closed at $191.31. Over the last 3 months, the stock has declined by -15.14%, but has increased 88.32% over the past year.
In the last 90 days, Nova Measuring experienced 4 positive EPS revisions and 1 negative EPS revision. To see how the stock price reacted to previous earnings, check here.
According to InvestingPro, Nova Measuring's Financial Health score is deemed great performance.
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