IPG Photonics's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
IPG Photonics (NASDAQ:IPGP) is set to release its latest quarterly earnings report on October 31, 2023. Analysts estimate an earnings per share (EPS) of $1.02. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. The stock was trading at $88.15 as of October 27, with a 1.03% increase over the last 52-week period.
October 30, 2023 | 3:01 pm
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IPG Photonics is expected to announce its Q3 earnings on October 31, 2023. The company has a history of beating EPS estimates, which could potentially lead to a positive impact on its share price.
The company's history of beating EPS estimates and the positive trend in its share price over the last 52-week period suggest a potential positive impact on the stock following the earnings announcement. However, the actual impact will depend on the reported earnings and any guidance provided by the company.
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