1. Coherent sold aerospace business for $400 million to Advent. 2. Proceeds from sale will reduce debt, enhancing EPS. 3. Q4 EPS was $1, beating estimates of $0.91. 4. Revenue of $1.52B surpassed the $1.5B consensus. 5. Shares dropped 20.8% despite strong earnings and growth.
The significant drop in share price is a concern, even amidst strong earnings. Historical cases show large sell-offs affect investor confidence and future performance.
The article outlines key corporate actions, earnings data, and analyst perspectives affecting COHR directly. The business sale might have long-term benefits, but current market reactions are concerning.
The immediate negative sentiment from the share price drop suggests short-term effects. Analyst downgrades may linger but could stabilize post-adjustment.