Coherent (COHR) Reports Q3 Earnings: What Key Metrics Have to Say

For the quarter ended March 2024, Coherent (COHR) reported revenue of $1.21 billion, down 2.5% over the same period last year. EPS came in at$ 0.53, compared to $0.58 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of$ 1.17 billion, representing a surprise of +3.45%. The company delivered an EPS surprise of +26.19%, with the consensus EPS estimate being $0.42.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street exp ...