Compared to Estimates, IPG (IPGP) Q1 Earnings: A Look at Key Metrics

IPG Photonics (IPGP) reported $252.01 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 27.4%. EPS of $0.52 for the same period compares to $1.26 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $250.33 million, representing a surprise of +0.67%. The company delivered an EPS surprise of +8.33%, with the consensus EPS estimate being $0.48.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...