Coherent Corp expected to post earnings of 69 cents a share - Earnings Preview

Coherent

03/02/2025 21:55

* Coherent Corp  COHR.N   COHR.K  is expected to show a rise
in
quarterly revenue when it reports  results on February 5 for the
period ending December 31 2024
    * The Saxonburg Pennsylvania-based  company is expected to
report
a 21.5% increase in revenue to $1.374 billion from $1.13 billion
a year ago, according to the mean estimate from 17 analysts,
based on LSEG data.The company's guidance on November 6 2024,
for the period ended December 31, was for revenue between $1.33
billion and $1.41 billion.
    * ​LSEG's mean analyst estimate for Coherent Corp is for
earnings
of 69 cents per share. The company's EPS guidance on November 6
2024, for the period ended December 31, was between $0.61 and
$0.77 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 15 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Coherent
Corp is
$120.00​, above​ its last closing price of $90.49. ​​​

The company's guidance on November 6 2024 for the period ended
December 31 was for gross profit margin between USD36% and
USD38%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.61        0.61       0.74      Beat    20.5
 Jun. 30 2024  0.60        0.60       0.61      Beat    2.5
 Mar. 31 2024  0.42        0.42       0.53      Beat    25.6​
 Dec. 31 2023  0.25        0.26       0.36      Beat    39.9
 ​​Sep.        0.11        0.12       0.16      Beat    32.9
 30 2023                                                
 Jun. 30 2023  0.38        0.38       0.41      Beat    8.8​
 Mar. 31 2023  0.82        0.82       0.58      Missed  -29.2
 Dec. 31 2022  0.93        0.93       0.95      Beat    2.1
 This summary was machine generated February 3 at 21:55 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)