Recap: Strattec Security Q2 Earnings

Strattec Security STRT reported its Q2 earnings results on Thursday, January 27, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Strattec Security beat estimated earnings by 31.82%, reporting an EPS of $0.87 versus an estimate of $0.66, which surprised analysts.

Revenue was up $14.45 million from the same period last year.

Last quarter the company missed on EPS by $0.67, which was followed by a 8.51% drop in the share price the next day.

Here's a look at Strattec Security's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.70	1.04	1.40	1.22
EPS Actual	0.03	0.75	1.15	1.59
Revenue Estimate	108.04M	122.73M	122.73M	118.97M
Revenue Actual	100.34M	110.06M	121.64M	127.36M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.