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

IPG Photonics

28/10/2022 19:09

* IPG Photonics Corp  IPGP.OQ   IPGP.O  is expected to show
a fall
in quarterly revenue when it reports  results on November 1. 
    * The Oxford Massachusetts-based  company is expected to
report  a
1.7% decrease in revenue to $372.812 million from $379.15
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
August 2 2022, for the period ended September 30, was for
revenue between $350.00 million and $380.00 million.
    * ​Refinitiv's mean analyst estimate for IPG Photonics Corp
is for
earnings of $1.15 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and 3 "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 $125​, above​ its last closing price of $84.79. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  1.20        1.19       1.21      Beat    1.6​
 Sep. 30 2021  1.23        1.27       1.40      Beat    10.3
 ​​Jun.        1.41        1.41       1.29      Missed  -8.5
 30 2021                                                
 Mar. 31 2021  1.11        1.10       1.26      Beat    15​
 Dec. 31 2020  1.00        0.98       0.92      Missed  -6.3
 Sep. 30 2020  0.89        0.89       0.66      Missed  -25.6
 This summary was machine generated October 28 at 18:09 GMT.  All
figures in US dollars  unless otherwise stated