• Novanta Inc NOVT.OQ NOVT.O is expected to show a rise in quarterly revenue when it reports results on February 25 for the period ending December 31 2024

• The Bedford Massachusetts-based company is expected to report a 13.6% increase in revenue to $240.287 million from $211.6 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on November 5 2024, for the period ended December 31, was for revenue between 237.00 million and 242.00 million.

• ​LSEG's mean analyst estimate for Novanta Inc is for earnings of 71 cents per share. The company's EPS guidance on November 5 2024, for the period ended December 31, was between 0.70 and 0.74

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "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 $178.00​, above​ its last closing price of $142.80. ​​​

The company's guidance on November 5 2024 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between 237 million and 52 million.The company's guidance on November 5 2024 for the period ended December 31 was for gross profit margin of 46%.

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

This summary was machine generated February 21 at 13:58 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)