IPG Photonics Corp expected to post earnings of $1.15 a share - Earnings Preview

IPG Photonics

29/07/2022 19:17

* IPG Photonics Corp  IPGP.OQ   IPGP.O  is expected to show
a rise
in quarterly revenue when it reports  results on August 2. 
    * The Oxford Massachusetts-based  company is expected to
report  a
1.0% increase in revenue to $375.326 million from $371.66
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for IPG Photonics Corp
is for
earnings of $1.15 per share. For the same quarter last year, the
company reported earnings of $1.29 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and 2 "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 $153.5​, above​ its last closing price of $105.61. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.97        0.98       1.31      Beat    34.2
 Dec. 31 2022  1.20        1.19       1.21      Beat    1.6
 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.        1.11        1.10       1.26      Beat    15
 31 2021                                                
 Dec. 31 2020  1.00        0.98       0.92      Missed  -6.3​
 Sep. 30 2020  0.89        0.89       0.66      Missed  -25.6
 Jun. 30 2020  0.60        0.60       0.73      Beat    22.6
 This summary was machine generated July 29 at 18:17 GMT.  All
figures in US dollars  unless otherwise stated