* IPG Photonics Corp is expected to show a fall in quarterly revenue when it reports results on October 29 for the period ending September 30 2024

* The Marlborough Massachusetts-based company is expected to report a 24.2% decrease in revenue to $228.445 million from $301.4 million a year ago, according to the mean estimate from 9 analysts, based on LSEG data.The company's guidance on July 30 2024, for the period ended September 30, was for revenue between $210.00 million and $240.00 million.

* ​LSEG's mean analyst estimate for IPG Photonics Corp is for earnings of 20 cents per share. The company's EPS guidance on July 30 2024, for the period ended September 30, was between $0.00 and $0.30

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 5 "hold" and 2 "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for IPG Photonics Corp is $88.50​, above​ its last closing price of $75.92. ​​​

The company's guidance on July 30 2024 for the period ended September 30 was for gross profit margin between USD34% and USD37%. Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 0.51 0.51 0.45 Missed -11.2

Mar. 31 2024 0.49 0.49 0.52 Beat 6.9

Dec. 31 2023 0.95 0.95 0.89 Missed -6.3​

Sep. 30 2023 1.01 1.01 1.16 Beat 15.2

​​Jun. 1.24 1.24 1.31 Beat 5.3

30 2023

Mar. 31 2023 1.11 1.14 1.26 Beat 10.6​

Dec. 31 2022 0.90 0.89 1.08 Beat 21.3

Sep. 30 2022 1.12 1.15 1.49 Beat 29.5

This summary was machine generated October 25 at 13:13 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)