Coherent (NYSE:COHR) is set to report earnings this Wednesday. Last quarter, Coherent beat revenue expectations by 3.9% with revenues of $1.50 billion, up 23.9% year on year. Analysts expect revenue to grow 14.8% to $1.51 billion this quarter with adjusted earnings at $0.92 per share. The majority of analysts are reconfirming their estimates. Coherent has a history of exceeding Wall Street’s expectations. In the electronic components & manufacturing segment, some peers have already reported Q2 results with mixed reactions in the market. Coherent is up 20.1% over the last month. Interested in thematic investing? Check out a free stock pick benefiting from the rise of AI.

Read more at Barchart: Coherent (COHR) Q2 Earnings Report Preview: What To Look For