Published on 4 Sep 2022 on Zacks via Yahoo Finance
II-VI (IIVI) Tops Q4 Earnings and Revenue Estimates
II-VI (IIVI) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 3.16%. A quarter ago, it was expected that this Laser and optics manufacturer would post earnings of $0.86 per share when it actually produced earnings of $0.95, delivering a surprise of 10.47%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.