IPG Photonics IPGP reported its Q2 earnings results on Tuesday, August 2, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
IPG Photonics missed estimated earnings by 3.51%, reporting an EPS of $1.1 versus an estimate of $1.14.
Revenue was up $5.37 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.33 which was followed by a 2.76% increase in the share price the next day.
Here's a look at IPG Photonics's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 0.98 | 1.19 | 1.27 | 1.40 |
EPS Actual | 1.31 | 1.21 | 1.40 | 1.29 |
Revenue Estimate | 334.79M | 353.41M | 368.26M | 376.94M |
Revenue Actual | 369.98M | 364.47M | 379.15M | 371.66M |
To track all earnings releases for IPG Photonics visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.