Druckenmiller's Duquesne Capital Management has returned an average of 30% a year over its history. Philip Morris shares have surged recently as smoke-free business grows.
Coherent Corp., sometimes described as a hidden gem in AI, slightly beat fiscal Q4 2024 earnings. The Q1 2025 outlook essentially met expectations. Investors are focusing on more powerful datacom transceivers needed for cloud, AI, and similar applications as growth drivers.
Coherent Corp. COHR reported upbeat earnings for its fourth quarter on Thursday.
Coherent Corp. (NYSE:COHR ) Q4 2024 Earnings Conference Call August 15, 2024 5:00 PM ET Company Participants Paul Silverstein - SVP, IR and Corporate Communications Jim Anderson - CEO Richard Martucci - Interim CFO Conference Call Participants Samik Chatterjee - JPMorgan Jeff Koche - Raymond James Tom O'Malley - Barclays Meta Marshall - Morgan Stanley Karl Ackerman - BNP Paribas Vivek Arya - Bank of America Papa Sylla - Citi Ruben Roy - Stifel Jack Egan - Charter Equity Research Ananda Baruah - Loop Capital Operator Good day, and thank you for standing by. Welcome to the Coherent Corp. FY '24 Fourth Quarter Earnings Conference Call.
The headline numbers for Coherent (COHR) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Coherent (COHR) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.41 per share a year ago.
Beyond analysts' top -and-bottom-line estimates for Coherent (COHR), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.
None of our picks is Nvidia or Apple or Tesla. Investors may wish to widen the aperture to find the best stocks for outsize earnings growth.
A pair of electronics manufacturers saw their stocks make big moves Monday as Lattice Semiconductor (LSCC) shares fell nearly 16% on news that Chief Executive Officer Jim Anderson left to take the same job at Coherent Corp. (COHR), whose shares jumped 23%.
Coherent stock has performed well over the past year -- but not nearly as well as Lattice Semiconductor stock. Lattice is losing the CEO who led it to incredible heights, and Coherent is poaching him.