IPG Photonics Corp expected to post earnings of 98  cents a share - Earnings Preview

IPG Photonics

29/04/2022 19:34

* IPG Photonics Corp  IPGP.OQ   IPGP.O  is expected to show
a fall
in quarterly revenue when it reports  results on May 3. 
    * The Oxford Massachusetts-based  company is expected to
report  a
3.1% decrease in revenue to $334.786 million from $345.59
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 98 cents per share. For the same quarter last year,
the company reported earnings of $1.26 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.2%
in the last three months. ​
    * Wall Street's median 12-month price target for IPG
Photonics
Corp is $168.5​, above​ its last closing price of $95.14. ​​​
    * 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 2021  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. 31 2021  1.11        1.10       1.26      Beat    15
 ​​Dec.        1.00        0.98       0.92      Missed  -6.3
 31 2020                                                
 Sep. 30 2020  0.89        0.89       0.66      Missed  -25.6​
 Jun. 30 2020  0.60        0.60       0.73      Beat    22.6
 Mar. 31 2020  0.17        0.19       0.40      Beat    108.6
 This summary was machine generated April 29 at 18:34 GMT.  All
figures in US dollars  unless otherwise stated