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Coherent (NASDAQ: COHR) will be releasing its next round of earnings this Tuesday, August 04. For all of the relevant information, here is your guide for Tuesday's Q3 earnings announcement.
Earnings and Revenue
Wall Street expects EPS of $0.21 and sales around $287.69 million.In the same quarter last year, Coherent reported EPS of $1.330 on revenue of $339.17 million. The Wall Street estimate would represent a 84.21% decline in the company's earnings. Sales would be down 6.01% from the same quarter last year. Coherent's reported EPS has stacked up against analyst estimates in the past like this:
Over the last 52-week period, shares are up 11.9%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Coherent is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://www.webcaster4.com/Webcast/Page/2084/35541
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