IPG Photonics Corp expected to post earnings of $1.14 a share - Earnings Preview

IPG Photonics

28/04/2023 16:43

* IPG Photonics Corp  IPGP.OQ   IPGP.O  is expected to show
a fall
in quarterly revenue when it reports  results on May 2. 
    * The Marlborough Massachusetts-based  company is expected
to
report  a 10.6% decrease in revenue to $330.598 million from
$369.98 million a year ago, according to the mean estimate from
5 analysts, based on Refinitiv data. The company's guidance on
February 14 2023, for the period ended March 31, was for revenue
between $310.00 million and $340.00 million.
    * ​Refinitiv's mean analyst estimate for IPG Photonics Corp
is for
earnings of $1.14 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and 1 "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 IPG
Photonics
Corp is $132​, above​ its last closing price of $110.80. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.90        0.89       1.08      Beat    21.3
 Sep. 30 2022  1.12        1.15       1.49      Beat    29.5
 Jun. 30 2022  1.14        1.15       1.10      Missed  -3.9​
 Mar. 31 2022  0.97        0.98       1.31      Beat    34.2
 ​​Dec.        1.20        1.19       1.21      Beat    1.6
 31 2021                                                
 Sep. 30 2021  1.23        1.27       1.40      Beat    10.3​
 Jun. 30 2021  1.41        1.41       1.29      Missed  -8.5
 Mar. 31 2021  1.11        1.10       1.26      Beat    15
 This summary was machine generated April 28 at 15:43 GMT.  All
figures in US dollars  unless otherwise stated