If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Novanta (NOVT) . This company, which is in the Zacks Electronics - Miscellaneous Components industry, shows potential for another earnings beat.This photonic and motion control components maker has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an av ...

Company Overview - Novanta (NOVT) shares increased by 8.3% to $128.65 in the last trading session, with a notable trading volume, and have gained 15.6% over the past four weeks [1] - The company is experiencing strong growth in advanced surgery, robotics automation, and new product launches in high-growth markets [1] Earnings Expectations - Novanta is expected to report quarterly earnings of $0.81 per share, reflecting a year-over-year decline of 4.7%, with revenues projected at $245.75 million, a slight increase of 0.6% from the previous year [2] - The consensus EPS estimate for Novanta has remained unchanged over the last 30 days, indicating a lack of upward revisions which typically correlate with stock price movements [3] Industry Context - Novanta is part of the Zacks Electronics - Miscellaneous Components industry, where American Superconductor (AMSC) also operates, having seen a 5.4% increase in its last trading session [3] - AMSC's consensus EPS estimate for its upcoming report is $0.15, representing a significant decline of 44.4% from the previous year, and it also holds a Zacks Rank of 3 (Hold) [4]

Company Performance - Novanta reported quarterly earnings of $0.76 per share, exceeding the Zacks Consensus Estimate of $0.74 per share, and showing an increase from $0.73 per share a year ago, representing an earnings surprise of +2.70% [1] - The company posted revenues of $241.05 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.68% and increasing from $235.86 million year-over-year [2] - Over the last four quarters, Novanta has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Future Outlook - The sustainability of Novanta's stock price movement will depend on management's commentary during the earnings call and the company's earnings outlook [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.96 on revenues of $259.39 million, and for the current fiscal year, it is $3.44 on revenues of $989.7 million [7] - The estimate revisions trend for Novanta was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Electronics - Miscellaneous Components industry, to which Novanta belongs, is currently in the top 39% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Group 1 - Novanta reported quarterly earnings of $0.74 per share, exceeding the Zacks Consensus Estimate of $0.68 per share, with an earnings surprise of 8.82% [1] - The company posted revenues of $233.37 million for the quarter ended March 2025, slightly missing the Zacks Consensus Estimate by 0.28%, compared to $230.92 million in the same quarter last year [2] - Over the last four quarters, Novanta has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Group 2 - The stock has underperformed, losing about 21.4% since the beginning of the year, while the S&P 500 has declined by 3.9% [3] - The current consensus EPS estimate for the upcoming quarter is $0.76 on revenues of $240.56 million, and for the current fiscal year, it is $3.48 on $1 billion in revenues [7] - The Zacks Industry Rank for Electronics - Miscellaneous Components is in the bottom 45% of over 250 Zacks industries, indicating potential challenges for stock performance [8]