Nova Measuring Surpasses Expectations with Earnings of $0.06 and Strong Profit Performance

According to Nova Measuring's (NASDAQ: NVMI) report, the third-quarter earnings per share came in at $1.74, which is $0.06 better than analysts' expectations of $1.68. The reported earnings for this quarter were determined to be $178.97 million, while analyst expectations stood at $171.84 million.

Guidance for Nova Measuring's fourth-quarter 2024 earnings per share was set between $1.72 and $1.91, whereas analyst estimates were at $1.69. The fourth-quarter 2024 revenue is projected to be between $181.00 million and $191.00 million, compared to analyst expectations of $177.80 million.

Nova Measuring's stock closed at $191.31 for the day, indicating a 15.14% decline in value over the past three months. However, the stock has gained 88.32% in value over the last 12 months. Over the last 90 days, Nova Measuring experienced four positive earnings per share and one negative earnings per share.

You can examine how Nova Measuring's stock price reacted to past earnings reports here. According to InvestingPro, the financial health score for Nova Measuring is rated as "Good performance." Access the latest earnings reports and all financial information about Nova Measuring here. Stay updated on all developments related to financial statements by visiting the Investing.com Earnings Calendar.