II-VI's Q4 Earnings Preview
II-VI (NASDAQ: IIVI) announces its next round of earnings Tuesday. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement.
Earnings and Revenue
Wall Street analysts see II-VI reporting earnings of 44 cents per share on sales of $301.23 million.
II-VI EPS in the same period a year ago totaled 50 cents. Revenue was $273.71 million. The Wall Street estimate would represent a 12 percent decline in the company's earnings. Sales would be up 10.05 percent on a year-over-year basis. Here's how the company's reported EPS has compared to analyst estimates in the past:
Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
EPS Estimate | 0.41 | 0.38 | 0.36 | 0.35 |
EPS Actual | 0.36 | 0.39 | 0.35 | 0.5 |
Stock Performance
For a full 12 months, the return has risen by 7.46 percent. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analyst estimates have adjusted lower for EPS and revenues over the past 90 days. The average rating by analysts on II-VI stock is a Neutral. The validity of this rating has risen over the past 90 days.
Conference Call
II-VI's Q4 is scheduled to hold a conference call at 9:00 a.m. ET and it can be accessed here: https://www.globenewswire.com/Tracker?data=_qsLEIReNsB8lArCbqkkfrKZ7UXeLFeRj3IEjBb-_UnaI3jWBdRYNg0nTmxekInq_MLTODPV3rI7EuuFXW539w==
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