Coherent (NASDAQ: COHR) has announced that it will be releasing its financial results for the fourth quarter of 2024 on Thursday 15th August 2024. The report will be made available after market close, allowing investors and analysts to evaluate the company's performance during this period.
Wall Street financial experts forecast that the company is set to announce an expected $0.59 profit per share for the quarter. Moreover, the company is anticipated to disclose a total revenue of $1.28 billion for this particular period.
In the same quarter of the previous year, the company's financial statement revealed a per-share income of $0.41. Additionally, the company's overall revenue for that particular period was an impressive $1.21 billion.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $4.67 billion. Moreover, they anticipate the company to disclose profit of $1.65 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q3 2024 | $0.53 | -8.6% | 1.21 B | -2.5% |
| Q2 2024 | $0.36 | -62.1% | 1.13 B | -17.4% |
| Q1 2024 | $0.16 | -84.6% | 1.05 B | -21.7% |
| Q4 2023 | $0.41 | -58.2% | 1.21 B | +35.9% |
*Growth on year-over-year basis
Coherent (COHR) shares traded as low as $66.49 and as high as $69.20 on a day volume of 2.10 million shares, closed Thursday's regular trading session at $66.99, a gain of 0.04 percent.
