Nova to Report Q3 Earnings: What's in Store for NVMI Stock?

Zacks11-06

Nova Ltd. NVMI is set to report third-quarter 2024 results on Nov. 7.For the third quarter of 2024, NVMI expects revenues between $168 million and $176 million. The Zacks Consensus Estimate for third-...

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NVMI is set to report third-quarter 2024 results on Nov. 7.For the third quarter of 2024, NVMI expects revenues between $168 million and $176 million. The Zacks Consensus Estimate for third-...</p>\n\n<a href=\"https://finance.yahoo.com/news/nova-report-q3-earnings-whats-161200575.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nova to Report Q3 Earnings: What's in Store for NVMI Stock?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNova to Report Q3 Earnings: What's in Store for NVMI Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-06 00:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/nova-report-q3-earnings-whats-161200575.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nova Ltd. NVMI is set to report third-quarter 2024 results on Nov. 7.For the third quarter of 2024, NVMI expects revenues between $168 million and $176 million. The Zacks Consensus Estimate for third-...</p>\n\n<a href=\"https://finance.yahoo.com/news/nova-report-q3-earnings-whats-161200575.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NVMI","symbol_name":"Nova Ltd","start_time":0,"source_url":"https://finance.yahoo.com/news/nova-report-q3-earnings-whats-161200575.html","article_id":"2481636601","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/xO8TFJMeqtG5lE09xfpLAw--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/cd9ed8cf63fa5a7bc41c5e977c67cccb"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481636601","pubTimestamp":1730823120,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Nova Ltd. NVMI is set to report third-quarter 2024 results on Nov. 7.For the third quarter of 2024, NVMI expects revenues between $168 million and $176 million.The Zacks Consensus Estimate for third-quarter 2024 revenues is pegged at $172.2 million, indicating an increase of 33.7% from the year-ago quarter’s levels.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.For the to-be-reported quarter, Nova expects non-GAAP earnings to be in the range of $1.60-$1.73 per share.The consensus mark for earnings has been steady at $1.68 per share in the past 30 days. The figure indicates a 36.59% increase from the year-ago quarter’s reported figure.Nova’s earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 12.37%.Let’s see how things have shaped up for this announcement.Here are some companies worth considering from the same space, as our model shows that these have the right combination of elements to beat on earnings thi","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"NVMI":"Nova Ltd","ANET":"Arista Networks, Inc.","SHOP":"Shopify Inc"},"translate_title":"Nova将报告第三季度收益：NVMI股票的前景如何？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NVMI":1,"ANET":0.9,"SHOP":0.9},"content_text":"Nova Ltd. NVMI is set to report third-quarter 2024 results on Nov. 7.For the third quarter of 2024, NVMI expects revenues between $168 million and $176 million. The Zacks Consensus Estimate for third-quarter 2024 revenues is pegged at $172.2 million, indicating an increase of 33.7% from the year-ago quarter’s levels.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.For the to-be-reported quarter, Nova expects non-GAAP earnings to be in the range of $1.60-$1.73 per share. The consensus mark for earnings has been steady at $1.68 per share in the past 30 days. The figure indicates a 36.59% increase from the year-ago quarter’s reported figure.\n\nNova Ltd. Price and EPS Surprise\n\nNova Ltd. price-eps-surprise | Nova Ltd. Quote\n\nNova’s earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 12.37%.Let’s see how things have shaped up for this announcement.\nFactors to Consider\nNova’s expanding geographical presence, increasing customer momentum and technology offering in the dimensional material as well as chemical metrology portfolio are expected to have driven the top line in the to-be-reported quarter. NVMI’s flexible operational model and efficient execution in the wafer fab equipment market are expected to be reflected in the third-quarter 2024 results. Nova’s top line is expected to have been positively impacted by the growing market for leading-edge nodes, which includes gate-all-around and packaging processes. Nova PRISM 2, Chemical Metrology division, and FinFET advanced nodes process control tools are expected to significantly impact revenues in the to-be-reported quarter. This segment is seeing high demand in Taiwan, Korea and the United States.NVMI’s Services business increase, attributed to utilization rates to obtain secure contractual and value-added revenues, is expected to have driven customer momentum in the third quarter of 2024.Adoption of Nova’s VeraFlex XPS platform is expected to have boosted third-quarter revenues. VeraFlex XPS has gained momentum in FinFet and advanced packaging nodes. 40% of total orders were from capacity expansion in this segment, and the trend is expected to have continued in the third quarter of 2024.However, sluggish momentum in markets like memory and advanced packaging is expected to have hurt NVMI’s top line in the to-be-reported quarter.\nWhat Our Model Says for NVMI\nPer the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat.NVMI has an Earnings ESP of 0.00% and carries a Zacks Rank #4 (Sell) at present. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.\nStocks to Consider\nHere are some companies worth considering from the same space, as our model shows that these have the right combination of elements to beat on earnings this season.Arista Networks ANET has an Earnings ESP of +0.72% and a Zacks Rank #1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here. Shares of ANET have surged 68% year to date. ANET is scheduled to release third-quarter fiscal 2024 results on Nov. 7.  Yelp YELP has an Earnings ESP of +15.48% and a Zacks Rank #1 at present.  The stock has declined 27.4% year to date. YELP is set to report third-quarter 2024 results on Nov. 7.Shopify SHOP has an Earnings ESP of +5.78% and a Zacks Rank #1 at present.Shares of Shopify have jumped 0.3% year to date. SHOP is set to report third-quarter 2024 results on Nov. 12.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nYelp Inc. (YELP) : Free Stock Analysis Report\nNova Ltd. (NVMI) : Free Stock Analysis Report\nArista Networks, Inc. (ANET) : Free Stock Analysis Report\nShopify Inc. (SHOP) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481636601"}