5 Stocks Seeing Strong Action After Earnings
Cognex Corp. (NASDAQ:CGNX) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share decreased 2.44% to $0.4 in the quarter versus EPS of $0.44 in the year-earlier quarter. Revenue decreased 2.23% to $82.17 million from the year-earlier quarter.
Cognex Corp. reported adjusted EPS income of $0.4 per share. By that measure, the company beat the mean analyst estimate of $0.35. It beat the average revenue estimate of $79.61 million.