The first quarter financial results of Coherent Corp (NASDAQ: COHR) will be unveiled on Wednesday 6th November 2024. This eagerly awaited announcement is scheduled to occur after market close.
Wall Street financial analysts are foreseeing that the establishment is likely to announce an estimated per share $0.61 profit for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $1.31 billion during the quarter.
Projections for the company's annual performance have been shared by Wall Street analysts, with an estimated total revenue of $5.45 billion. Furthermore, they are predicting profit of $2.92 per share for the full year.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $0.16. This notable figure was attributed to the company's total revenue, which settled at an impressive $1.05 billion during that specific quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q4 2024 | $0.61 | +48.8% | 1.31 B | +9.0% |
| 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 | ||||
Additionally, The company will host a conference call with investors and analysts on 6th November 2024 at 05:00 PM eastern time to review the Q1 2025 financial results.
Coherent Corp (COHR) closed Friday's regular trading session at $92.28, reflecting a 0.17 percent drop, with a volume of 2.11 million shares.
