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

IPG Photonics

15/02/2022 14:31

* IPG Photonics Corp  IPGP.OQ  reported quarterly adjusted
earnings of $1.21​​ per share for the quarter ended in December.
The mean expectation of ten analysts for the quarter was
for earnings of $1.19 per share.
    * Revenue rose 8.3% to $364.50 million from a year ago; 
analysts
expected $353.41 million. 
    * IPG Photonics Corp's reported EPS for the quarter was
$1.21​.
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * IPG Photonics Corp shares had fallen by 14.8% this
quarter.
    * The company reported quarterly net income of $65.1
million.
    * Wall Street's median 12-month price target for IPG
Photonics
Corp is $205.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated February 15 at 02:31 p.m.
 ​All figures in US dollars unless otherwise stated