Market Overview

Coherent Q2 Earnings Preview

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Coherent (NASDAQ: COHR) releases its next round of earnings Tuesday. Here's Benzinga's essential guide to Coherent's Q2 earnings report.

Earnings and Revenue

Wall Street analysts see Coherent reporting earnings of $3.47 on sales of $482.2 million.

Coherent reported a profit of $2.91 when it published results during the same quarter last year. Sales in that period totaled $422.8 million. If the company were to post earnings inline with the consensus estimate, EPS would be up 19.24 percent. Sales would be have grown 14.04 percent from the same quarter last year. Coherent's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q1 2018 Q4 2017 Q3 2017 Q2 2017
EPS Estimate 3.52 3.44 3.4 2.45
EPS Actual 3.54 3.72 3.36 2.91

 

Stock Performance

Over the last 52-week period, shares are down 21.98 percent. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release. Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. The average rating by analysts on Coherent stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

Don't be surprised to see the stock move on comments made during its conference call. Coherent's Q2 conference call is scheduled to begin at 4:30 p.m. ET and can be accessed here: https://www.coherent.com/company/investors/investor-relations

Posted-In: Earnings News Previews Trading Ideas

 

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