NOVA Earnings

NOVA reported its earnings on 2025-05-07, showcasing a revenue of against an estimate of , resulting in a 0% surprise. The EPS was 0, surpassing the expected -0.74 by 0% . The stock experienced a -5.65% price change on the earnings day and a 5.35% change over the next five days, reflecting market reactions to the results.

Following NOVA's earnings announcement on 2025-05-07, the stock price moved by -5.65% on the day of the release. Over the subsequent five days, it saw a 5.35% change. Historically, NOVA's stock price tends to shift by an average of +28.40% in the 10 days leading up to earnings and -6.90% in the 10 days following, providing insight into potential market.

For 2025/Q1, analysts estimate NOVA’s annual revenue to reach 199.75M, while the EPS is projected at . These estimates reflect recent revisions, with revenue estimates revised Revenue No Change by 0% and EPS estimates No Change by 0% over the past three months, indicating analyst expectation in the company’s performance.

The correlation between NOVA's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock’s fundamentals. Over the past three months, revenue estimates for FY2025 were No Change by 0%, while EPS estimates moved No Change by 0% . This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, NOVA's stock price typically moves by +28.40% in the 10 days before its earnings and -6.90% in the 10 days after. For the upcoming 2025/Q1 earnings, analysts expect an EPS of and revenue of 199.75M.

The earnings call highlighted several concerns: cash generation fell short of expectations, tax equity delays, and corporate debt maturities. The Q&A revealed management's lack of clarity on guidance removal and debt issues, contributing to negative sentiment. Despite revenue growth and increased stockholders' equity, these challenges overshadow positive aspects. The removal of guidance is particularly worrying, suggesting potential future difficulties. Overall, the negative elements outweigh positives, likely leading to a stock price decline.