Why Is IPG (IPGP) Up 17.9% Since Last Earnings Report?

It has been about a month since the last earnings report for IPG Photonics (IPGP) . Shares have added about 17.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is IPG due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.How Have Estimates Been Moving Since Then?It turns ou ...