Coherent Earnings Preview
Portfolio Pulse from Benzinga Insights
Coherent (NASDAQ:COHR) is scheduled to release its quarterly earnings report on February 5, 2024, with an estimated EPS of $0.26. Investors are looking for an earnings beat and positive guidance for the next quarter. Coherent's past earnings performance shows mixed results, with the last quarter meeting EPS estimates but previous quarters showing variability in performance. Shares of Coherent have increased by 13.3% over the last 52 weeks, indicating a generally positive outlook from long-term shareholders.
February 02, 2024 | 3:01 pm
News sentiment analysis
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Coherent is expected to report an EPS of $0.26 for the latest quarter, with investors hoping for an earnings beat and positive guidance. The stock has risen 13.3% over the past year, indicating a positive sentiment among long-term shareholders.
Given the anticipation of an earnings beat and positive guidance, coupled with a 13.3% increase in share price over the past year, there is a strong likelihood of a positive short-term impact on COHR's stock price. The historical data shows that while past earnings have had mixed impacts on the stock price, the overall trend and investor sentiment leading up to this earnings report are positive.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100