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NOVT

Novanta Inc.

$161.26

Earnings Summary

Revenue
$230.92Mn
Net Profits
$14.68Mn
Net Profit Margins
6.36%
PE Ratio
83.41

Highlights

Revenue:

Novanta Inc.’s revenue jumped 5.38% since last year same period to $230.92Mn in the Q1 2024. On a quarterly growth basis, Novanta Inc. has generated 9.14% jump in its revenue since last 3-months.

Net Profits:

Novanta Inc.’s net profit fell -19.65% since last year same period to $14.68Mn in the Q1 2024. On a quarterly growth basis, Novanta Inc. has generated 17.3% jump in its net profits since last 3-months.

Net Profit Margins:

Novanta Inc.’s net profit margin fell -23.75% since last year same period to 6.36% in the Q1 2024. On a quarterly growth basis, Novanta Inc. has generated 7.48% jump in its net profit margins since last 3-months.

PE Ratio:

Novanta Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 83.41.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Novanta Inc. post its latest quarter earnings

EPS Estimate Current Quarter
0.69
EPS Estimate Current Year
0.69

Highlights

EPS Estimate Current Quarter:

Novanta Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.69 - a 18.97% jump from last quarter’s estimates.

EPS Estimate Current Year:

Novanta Inc.’s earning per share (EPS) estimates for the current year stand at 0.69.

Key Ratios

Key ratios of the Novanta Inc. post its Q1 2024 earnings

Earning Per Share (EPS)
0.74
Return on Assets (ROA)
0.06
Return on Equity (ROE)
0.11

Highlights

Earning Per Share (EPS):

Novanta Inc.’s earning per share (EPS) jumped 0% since last year same period to 0.74 in the Q1 2024. This indicates that the Novanta Inc. has generated 0% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Novanta Inc.’s return on assets (ROA) stands at 0.06.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Novanta Inc.’s return on equity (ROE) stands at 0.11.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-07
0.58
0.74
27.59%