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.
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5-day change | 1st Jan Change | ||
46.5 USD | +0.39% | +7.24% | +11.40% |
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. | |
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+11.40% | 7.96B | |
+12.67% | 34.67B | |
+24.06% | 8.27B | |
+28.08% | 5.71B | |
+43.93% | 4.19B | |
-3.15% | 4.08B | |
+11.10% | 3.62B | |
+8.96% | 3.54B | |
-4.77% | 2.82B | |
-27.68% | 2.32B |
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