Workflow
Laser and optics
icon
Search documents
Coherent (COHR) Beats Q3 Earnings and Revenue Estimates
ZACKSยท 2025-05-07 22:30
Core Insights - Coherent (COHR) reported quarterly earnings of $0.91 per share, exceeding the Zacks Consensus Estimate of $0.86 per share, and showing an increase from $0.53 per share a year ago, representing an earnings surprise of 5.81% [1] - The company achieved revenues of $1.5 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.97%, and up from $1.21 billion year-over-year [2] - Coherent has consistently surpassed consensus EPS and revenue estimates over the last four quarters [2] Earnings Outlook - The future performance of Coherent's stock will largely depend on management's commentary during the earnings call and the sustainability of the stock's immediate price movement based on the recent earnings numbers [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.92 on revenues of $1.48 billion, and for the current fiscal year, it is $3.47 on revenues of $5.7 billion [7] Industry Context - The Technology Services industry, to which Coherent belongs, is currently ranked in the top 26% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - The performance of Coherent's stock may also be influenced by the overall industry outlook, as empirical research shows a strong correlation between near-term stock movements and earnings estimate revisions [5][8]