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II-VI (NASDAQ: IIVI) announces its next round of earnings this Thursday, August 13. Here is Benzinga's everything-that-matters guide for this Thursday's Q4earnings announcement.
Earnings and Revenue
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II-VI EPS is expected to be around $0.76, according to sell-side analysts. Sales will likely be near $712.34 million. In the same quarter last year, II-VI reported earnings per share of $0.67 on revenue of $362.73 million. If the company were to match the consensus estimate when it reports Thursday, earnings would be up 13.43%. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2020 | Q2 2020 | Q1 2019 | Q4 2019 |
---|---|---|---|---|
EPS Estimate | 0.14 | 0.36 | 0.60 | 0.66 |
EPS Actual | 0.47 | 0.36 | 0.57 | 0.67 |
Revenue Estimate | 575.36 M | 610.28 M | 335.31 M | 348.35 M |
Revenue Actual | 627.04 M | 666.33 M | 340.41 M | 362.73 M |
Stock Performance
Over the last 52-week period, shares are up 38.22%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. II-VI is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/nkmoa3br
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.