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.