Coherent (COHR) Q1 Earnings and Revenues Top Estimates

Coherent (COHR) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of$ 0.63 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.46%. A quarter ago, it was expected that this Laser and optics manufacturer would post earnings of$ 0.60 per share when it actually produced earnings of $0.61, delivering a surprise of 1.67%.Over the last four quarters ...