Needham & Company Cuts Price Target on IPG Photonics (IPGP) Following 2Q Beat

Go back to Needham & Company Cuts Price Target on IPG Photonics (IPGP) Following 2Q Beat

IPG Photonics (IPGP) Tops Q2 EPS by 6c, Offers Q3 Guidance

July 28, 2016 9:23 AM EDT

IPG Photonics (NASDAQ: IPGP) reported Q2 EPS of $1.25, $0.06 better than the analyst estimate of $1.19. Revenue for the quarter came in at $252.8 million versus the consensus estimate of $243.41 million.

GUIDANCE:

IPG Photonics sees Q3 2016 EPS of $1.12-$1.27, versus the consensus of... More

Trading Radar for 7/28: Alphabet (GOOG), Amazon (AMZN), Ford (F), Baidu (BIDU), MasterCard (MA) Report

July 27, 2016 2:49 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 260kContinuing Claims - no Street consensusInternational Trade in Goods - ($61.2B)

Earnings:

ACI Worldwide, Inc. (Nasdaq: ACIW) - consensus loss $0.04
ARIAD Pharma (Nasdaq: ARIA) - consensus loss $0.11
Acorda Therapeutics (Nasdaq: ACOR) - consensus EPS $0.18
Agenus (Nasdaq: AGEN) - consensus... More