IPG Photonics Corp expected to post earnings of 89cents a share - Earnings Preview

IPG Photonics

10/02/2023 16:55

* IPG Photonics Corp  IPGP.OQ   IPGP.O  is expected to show
a fall
in quarterly revenue when it reports  results on February 14. 
    * The Marlborough Massachusetts-based  company is expected
to
report  a 13.3% decrease in revenue to $316.083 million from
$364.5 million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. The company's guidance on
November 1 2022, for the period ended December 31, was for
revenue between $300.00 million and $330.00 million.
    * ​Refinitiv's mean analyst estimate for IPG Photonics Corp
is for
earnings of 89 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $110​, below​ its last closing price of $111.52. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  1.20        1.19       1.21      Beat    1.6
 ​​Sep.        1.23        1.27       1.40      Beat    10.3
 30 2021                                                
 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
 This summary was machine generated February 10 at 16:55 GMT. 
All figures in US dollars  unless otherwise stated