Coherent’s Upcoming Q2 Results Preview
<p>Deutsche Bank analysts provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/COHR'>Coherent Corp. (NASDAQ:COHR)</a> ahead of the company’s upcoming Q2 results on Wednesday. </p>
<p>The analysts expect the quarterly results to be generally in line with Street estimates as the company should have continued to benefit from an eased supply chain through the quarter. </p>
<p>The analysts expect similar dynamics to extend into 2023, and view the company’s extensive backlog (approximately $3.1 billion exiting Q1) as providing some revenue support in the occurrence of order pushouts/cancellations, hence making Q3 guidance relatively safe. </p>
<p>While the analysts acknowledge increasing macro pressure across segments, most notably in Comms, they believe management's guidance for double-digit growth in the segment to have already built in some level of conservatism. </p>

NASDAQ:COHR