Cognex Co. (NASDAQ:CGNX) Expected to Post Quarterly Sales of $161.20 Million
Equities research analysts predict that Cognex Co. (NASDAQ:CGNX) will post sales of $161.20 million for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for Cognex’s earnings, with estimates ranging from $159.99 million to $163.99 million. Cognex posted sales of $193.29 million in the same quarter last year, which would indicate a negative year-over-year growth rate of 16.6%. The firm is scheduled to announce its next quarterly earnings results on Thursday, February 13th.
On average, analysts expect that Cognex will report full year sales of $717.94 million for the current year, with estimates ranging from $715.84 million to $721.43 million. For the next year, analysts anticipate that the business will post sales of $796.34 million, with estimates ranging f ...