Coherent Corp reports results for the quarter ended December 31 - Earnings Summary

Coherent

06/02/2025 03:25

* Coherent Corp  COHR.N  reported quarterly adjusted
earnings of
95 cents​​ per share for the quarter ended December 31, higher
than the same quarter last year, when the company reported EPS
of 36 cents.  The mean expectation of nineteen analysts for the
quarter was for earnings of 69 cents per share. Wall Street
expected results to range from 65 cents to 75 cents per share.
    * Revenue rose 26.8% to $1.43 billion from a year ago;
analysts
expected $1.37 billion. 
    * Coherent Corp's reported EPS for the quarter was 44
cents​.
    * The company reported quarterly net income of $71.1
million.
    * Coherent Corp shares had fallen by 7.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the electronic
equipment & parts peer group is also "buy"

Wall Street's median 12-month price target for Coherent Corp is
$120.00 
This summary was machine generated from LSEG data February 6 at
03:24 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.69           0.95           Beat
 Sep. 30 2024      0.61           0.74           Beat
 Jun. 30 2024      0.60           0.61           Beat
 Mar. 31 2024      0.42           0.53           Beat