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IPG Photonics Corp reports results for the quarter ended June 30 - Earnings Summary

IPG Photonics Corp IPGP.OQ reported quarterly adjusted earnings of 16 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 45 cents.  The mean expectation of eight analysts for the quarter was for earnings of 9 cents per share. Wall Street expected results to range from zero cents to 20 cents per share.

Revenue fell 2.7% to $250.72 million from a year ago; analysts expected $229.59 million.

IPG Photonics Corp's reported EPS for the quarter was 16 cents​.

The company reported quarterly net income of $6.61 million.

IPG Photonics Corp shares had risen by 12.8% this quarter and gained 6.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 63.2% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

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 2 "sell" or "strong sell." The average consensus recommendation for the electronic equipment & parts peer group is  "buy."

Wall Street's median 12-month price target for IPG Photonics Corp is $70.00, about 10.7% below its last closing price of $77.46

This summary was machine generated from LSEG data August 5 at 01:32 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.090.16Beat
Mar. 31 20250.210.09Missed
Dec. 31 20240.210.18Missed
Sep. 30 20240.190.29Beat

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