Cognex Corporation announced that the company expects revenue for Q4-22 will be between $235 million and $255 million. At the mid-point, this range represents an increase sequentially due to improved production lead times relative to Q3-22. On a year-on-year basis, the company expects revenue will be roughly flat at the mid-point due to growth from the broader market being offset by lower spending on large projects in logistics and a roughly 10-basis point unfavorable impact of currency exchange rates.
Real-time Estimate
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5-day change | 1st Jan Change | ||
48.2 USD | +0.72% | +2.93% | +15.54% |
May. 07 | Truist Raises Price Target on Cognex to $50 From $47, Keeps Buy Rating | MT |
May. 06 | Goldman Sachs Adjusts Cognex Price Target to $41 From $36, Maintains Sell Rating | MT |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+15.54% | 8.22B | |
+10.39% | 33.8B | |
+28.19% | 8.62B | |
+27.46% | 5.8B | |
-6.30% | 4.04B | |
+17.08% | 3.8B | |
+13.61% | 3.71B | |
+25.34% | 3.69B | |
-6.42% | 2.81B | |
-32.47% | 2.25B |
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