Coherent (COHR) Surpasses Q1 Earnings and Revenue Estimates

Coherent (COHR) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +11.54%. A quarter ago, it was expected that this Laser and optics manufacturer would post earnings of $0.93 per share when it actually produced earnings of $1, delivering a surprise of +7.53%.Over the last four quarters, ...