A Preview Of IPG Photonics's Earnings

IPG Photonics (NASDAQ:IPGP) is set to give its latest quarterly earnings report on Tuesday, 2024-10-29. Here's what investors need to know before the announcement.

Analysts estimate that IPG Photonics will report an earnings per share (EPS) of $0.19.

Anticipation surrounds IPG Photonics's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Overview of Past Earnings

Last quarter the company missed EPS by $0.06, which was followed by a 0.99% drop in the share price the next day.

Here's a look at IPG Photonics's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.51

0.49

0.95

1.02

EPS Actual

0.45

0.52

0.89

1.16

Price Change %

-1.0%

-1.0%

1.0%

1.0%

Performance of IPG Photonics Shares

Shares of IPG Photonics were trading at $76.82 as of October 25. Over the last 52-week period, shares are down 8.67%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

Analyst Views on IPG Photonics

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on IPG Photonics.

Analysts have provided IPG Photonics with 2 ratings, resulting in a consensus rating of Buy. The average one-year price target stands at $100.0, suggesting a ...