Investing.com - Coherent (NYSE: COHR) reported first quarter EPS of $0.36, $0.11 better than the analyst estimate of $0.25. Revenue for the quarter came in at $1.13B versus the consensus estimate of $1.12B.
Guidance
Coherent sees Q3 2024 EPS of $0.32-$0.52 versus the analyst consensus of $0.37.
Coherent sees Q3 2024 revenue of $1.12B-$1.20B versus the analyst consensus of $1.17B.
Coherent sees FY 2024 EPS of $1.30-$1.70 versus the analyst consensus of $1.32.
Coherent sees FY 2024 revenue of $4.55B-$4.70B versus the analyst consensus of $4.58B.
Coherent's stock price closed at $49.45. It is up 48.36% in the last 3 months and up 12.64% in the last 12 months.
Coherent saw 9 positive EPS revisions and 6 negative EPS revisions in the last 90 days. See Coherent's stock price’s past reactions to earnings here.
According to InvestingPro, Coherent's Financial Health score is "weak performance".
Check out Coherent's recent earnings performance, and Coherent's financials here.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar