Coherent (COHR) Q3 Earnings and Revenues Beat Estimates

Coherent (COHR) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of$ 0.42 per share. This compares to earnings of $0.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 26.19%. A quarter ago, it was expected that this Laser and optics manufacturer would post earnings of$ 0.23 per share when it actually produced earnings of $0.36, delivering a surprise of 56.52%.Over the last four quarter ...