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IPGP — IPG Photonics News Story

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IPG Photonics Corp reports results for the quarter ended December 31 - Earnings Summary

* IPG Photonics Corp  IPGP.OQ  reported quarterly adjusted
earnings of 18 cents​​ per share for the quarter ended December
31, lower than the same quarter last year, when the company
reported EPS of 89 cents.  The mean expectation of
eight analysts for the quarter was for earnings of 21 cents per
share. Wall Street expected results to range from 14 cents to 27
cents per share.
    * Revenue fell 21.6% to $234.34 million from a year ago;
analysts
expected $227.40 million. 
    * IPG Photonics Corp's reported EPS for the quarter was 18
cents​.
    * The company reported quarterly net income of $7.82
million.
    * IPG Photonics Corp shares had fallen by 7.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 7.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and 3 "sell" or "strong sell." 
    * The average consensus recommendation for the electronic
equipment & parts peer group is also "hold"

Wall Street's median 12-month price target for IPG Photonics
Corp is $92.00 
This summary was machine generated from LSEG data February 11 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.21           0.18           Missed
 Sep. 30 2024      0.19           0.29           Beat
 Jun. 30 2024      0.51           0.45           Missed
 Mar. 31 2024      0.49           0.52           Beat

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