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IPG (IPGP) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
IPGPIPG Photonics(IPGP) ZACKS·2024-10-30 00:06

For the quarter ended September 2024, IPG Photonics (IPGP) reported revenue of 233.14million,down22.7233.14 million, down 22.7% over the same period last year. EPS came in at 0.29, compared to 1.16intheyearagoquarter.ThereportedrevenuecomparestotheZacksConsensusEstimateof1.16 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of 224.85 million, representing a surprise of +3.69%. The company delivered an EPS surprise of +70.59%, with the consensus EPS estimate being $0.17. While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...