IPG Photonics Expects Q4 Revenue Of $210M-$240M Vs $228.45M Est, Adj EPS Of $0.05-$0.35 Vs $0.20 Est
Portfolio Pulse from Benzinga Newsdesk
IPG Photonics has provided guidance for Q4 2024, expecting revenue between $210M and $240M, and adjusted EPS between $0.05 and $0.35, compared to estimates of $228.45M and $0.20 respectively. The guidance excludes Russian operations sold in Q3.
October 29, 2024 | 12:03 pm
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IPG Photonics' Q4 2024 guidance shows a revenue range of $210M-$240M and EPS of $0.05-$0.35, which is slightly below and above analyst estimates respectively. The exclusion of Russian operations may impact overall performance.
The revenue guidance is slightly below the analyst estimate of $228.45M, which could be seen as a negative. However, the EPS range is broad and includes the estimate of $0.20, which could be seen as neutral to positive. The exclusion of Russian operations, which were sold, adds uncertainty to the overall impact.
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