Coherent Sees Q1 FY25 Non-GAAP EPS $0.53-$0.69 vs $0.64 Est., Revenue $1.27B-$1.35B vs $1.3B Est.
Portfolio Pulse from Benzinga Newsdesk
Coherent has provided its Q1 FY25 guidance, expecting non-GAAP EPS to be between $0.53 and $0.69, compared to the estimated $0.64. Revenue is projected to be between $1.27 billion and $1.35 billion, against the estimated $1.3 billion.
August 15, 2024 | 8:07 pm
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Coherent's Q1 FY25 guidance shows a range for non-GAAP EPS and revenue that brackets the estimates, indicating potential stability or slight volatility in the stock price.
The guidance provided by Coherent for Q1 FY25 shows both EPS and revenue ranges that include the estimates. This suggests that the company is expected to perform in line with market expectations, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100