Benzinga | Nov 10, 2020 04:09PM EST

Coherent Q4 EPS $1.01 Beats $0.80 Estimate, Sales $316.80M Beat $309.64M Estimate

Coherent (NASDAQ:COHR) reported quarterly earnings of $1.01 per share which beat the analyst consensus estimate of $0.80 by 26.25 percent. This is a 13.48 percent increase over earnings of $0.89 per share from the same period last year. The company reported quarterly sales of $316.80 million which beat the analyst consensus estimate of $309.64 million by 2.31 percent. This is a 5.56 percent decrease over sales of $335.46 million the same period last year.