IPG Photonics Corp expected to post earnings of $1.27 a share - Earnings Preview

IPG Photonics

29/10/2021 18:03

* IPG Photonics Corp  IPGP.OQ   IPGP.O  is expected to show a
rise in quarterly revenue when it reports results on November
2. 
* The Oxford, Massachusetts-based company is expected to report 
a 15.6% increase in revenue to $368.261 million from $318.44
million a year ago, according to the mean estimate from 10
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for IPG Photonics Corp is
for earnings of $1.27 per share. For the same quarter last year,
the company reported earnings of 66 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 6 "strong buy" or "buy," 7
"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 IPG Photonics
Corp is $208​, about 23.6% above​ its last closing price
of $159.00. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  1.41        1.41       1.29      Missed  -8.5
 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
 Jun.          0.60​       0.60       0.73      Beat    22.6​
 30​ 2020​                                              
 Mar. 31 2020  0.17        0.19       0.40      Beat    108.6​
 Dec. 31 2019  0.77        0.80       0.75      Missed  -6.7
 Sep. 30 2019  1.19        1.21       1.07      Missed  -11.4
 This summary was machine generated October 29 at 17:03 GMT.  All
figures in US dollars unless otherwise stated