Earnings Preview: Cognex Corporation (CGNX) Q2 Earnings Expected to Decline

Cognex Corporation (CGNX) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. Revenues are expected to be $233.6 million, down 3.7% from the year-ago quarter. Please note that a negative Earnings ESP reading is not indi ...