Coherent (COHR) Q2 Earnings and Revenues Surpass Estimates

Coherent (COHR) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of$ 0.70 per share. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 35.71%. A quarter ago, it was expected that this Laser and optics manufacturer would post earnings of$ 0.63 per share when it actually produced earnings of $0.74, delivering a surprise of 17.46%.Over the last four quarter ...