Coherent Q4 2024 Adj. EPS $0.61 Beats $0.60 Estimate, Sales $1.314B Beat $1.276B Estimate
Portfolio Pulse from Benzinga Newsdesk
Coherent (NYSE:COHR) reported Q4 2024 adjusted EPS of $0.61, beating the estimate of $0.60. Sales were $1.314 billion, surpassing the $1.276 billion estimate and showing a 9.05% increase from the same period last year.
August 15, 2024 | 8:05 pm
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Coherent (NYSE:COHR) reported Q4 2024 adjusted EPS of $0.61, beating the estimate of $0.60. Sales were $1.314 billion, surpassing the $1.276 billion estimate and showing a 9.05% increase from the same period last year.
Coherent's better-than-expected earnings and revenue figures, along with a significant year-over-year sales increase, are likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100