Nova Measuring Instruments Ltd. (NVMI) Issues Q4 Earnings Guidance - InvestingChannel

Nova Measuring Instruments Ltd. (NVMI) Issues Q4 Earnings Guidance

Nova Measuring Instruments Ltd. (NVMI) updated its fourth quarter earnings guidance on Monday. The company provided earnings per share guidance of $0.00-0.08 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.04. The company issued revenue guidance of $18.5-22 million, compared to the consensus revenue estimate of $20.48 million.

Shares of Nova Measuring Instruments Ltd. (NVMI) opened at 7.89 on Monday. Nova Measuring Instruments Ltd. (NVMI) has a 52 week low of $6.82 and a 52 week high of $9.28. The stock?s 50-day moving average is currently $7.81. The company has a market cap of $210.2 million and a P/E ratio of 15.23. Nova Measuring Instruments last announced its earnings results on Wednesday, October 31st. The company reported $0.14 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.10 by $0.04. The company had revenue of $24.40 million for the quarter, compared to the consensus estimate of $24.46 million. The company?s quarterly revenue was down 5.4% on a year-over-year basis. Nova Measuring Instruments has set its Q4 guidance at $0.00-0.08 EPS. On average, analysts predict that Nova Measuring Instruments Ltd. (NVMI) will post $0.53 earnings per share for the current fiscal year. Nova Measuring Instruments Ltd. (Nova) is a designer, developer and producer of integrated process control metrology systems.