Published on 5 May 2024 on Simply Wall St. via Yahoo Finance
Cognex Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
As you might know, Cognex Corporation (NASDAQ:CGNX) just kicked off its latest quarterly results with some very strong numbers. The company beat expectations with revenues of US$211m arriving 5.2% ahead of forecasts. Statutory earnings per share (EPS) were US$0.07, 9.2% ahead of estimates. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
View our latest analysis for Cognex
