Earnings Preview For II-VI

On Tuesday, II-VI IIVI will report last quarter's earnings. Here is Benzinga's take on the company's release.

Earnings and Revenue

Wall Street expects EPS of 41 cents per share and sales around $277.75 million.

In the same quarter last year, II-VI reported EPS of 35 cents on revenue of $244.9 million. If the company were to match the consensus estimate when it reports Tuesday, EPS would be up 17.14 percent. Revenue would be up 13.37 percent from the year-ago period. Here's how the II-VI's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Over the last 52-week period, shares are up 16.77 percent. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts have been rating II-VI stock as Sell. The strength of this rating has dwindled over the past three months.

Conference Call

II-VI's conference call is scheduled to begin at 9:00 a.m. ET and can be accessed here: https://edge.media-server.com/m6/p/wwrm2dcq