Materials and photonics company Coherent (NYSE: COHR) will be reporting earnings this Wednesday afternoon. Here’s what you need to know.
Coherent beat analysts’ revenue expectations by 3.9% last quarter, reporting revenues of $1.50 billion, up 23.9% year on year. It was a satisfactory quarter for the company, with an impressive beat of analysts’ EPS estimates but revenue guidance for next quarter slightly missing analysts’ expectations.
Is Coherent a buy or sell going into earnings? Read our full analysis here, it’s free.
This quarter, analysts are expecting Coherent’s revenue to grow 14.8% year on year to $1.51 billion, improving from the 9.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.92 per share.
The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Coherent has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 2.4% on average.
Looking at Coherent’s peers in the electronic components & manufacturing segment, some have already reported their Q2 results, giving us a hint as to what we can expect. TTM Technologies delivered year-on-year revenue growth of 20.7%, beating analysts’ expectations by 9%, and Amphenol reported revenues up 56.5%, topping estimates by 11.9%. TTM Technologies traded down 3% following the results while Amphenol was up 2.6%.
Read our full analysis of TTM Technologies’s results here and Amphenol’s results here.
Debates around the economy’s health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the electronic components & manufacturing stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 3.1% on average over the last month. Coherent is up 20.1% during the same time and is heading into earnings with an average analyst price target of $105.06 (compared to the current share price of $113.50).
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