Coherent Corp <COHR.N> expected to post earnings of 69 cents a share - Earnings Preview

• Coherent Corp COHR.N, COHR.K is expected to show a rise in quarterly revenue when it reports results on February 5 for the period ending December 31 2024

• The Saxonburg Pennsylvania-based company is expected to report a 21.5% increase in revenue to $1.374 billion from $1.13 billion a year ago, according to the mean estimate from 17 analysts, based on LSEG data.The company's guidance on November 6 2024, for the period ended December 31, was for revenue between $1.33 billion and $1.41 billion.

• ​LSEG's mean analyst estimate for Coherent Corp is for earnings of 69 cents per share. The company's EPS guidance on November 6 2024, for the period ended December 31, was between $0.61 and $0.77

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 6 "hold" and no "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 Coherent Corp is $120.00​, above​ its last closing price of $90.49. ​​​

The company's guidance on November 6 2024 for the period ended December 31 was for gross profit margin between USD36% and USD38%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated February 3 at 21:55 GMT. 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)