Lumentum Holdings LITE unveils its next round of earnings this Tuesday, August 11. Get prepared with Benzinga's ultimate preview for Lumentum Holdings's Q4 earnings.
Earnings and Revenue
Sell-side analysts expect Lumentum Holdings's EPS to be near $0.82 on sales of $349.21 million. Lumentum Holdings earnings in the same period a year ago was $0.92 per share. Quarterly sales came in at $404.60 million. If the company were to match the consensus estimate, earnings would be down 10.87%. Here's how the Lumentum Holdings's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2020 | Q2 2020 | Q1 2019 | Q4 2019 |
|---|---|---|---|---|
| EPS Estimate | 1.05 | 1.29 | 1.20 | 0.72 |
| EPS Actual | 1.26 | 1.53 | 1.44 | 0.92 |
| Revenue Estimate | 409.09 M | 452.23 M | 448.22 M | 383.44 M |
| Revenue Actual | 402.80 M | 457.80 M | 449.90 M | 404.60 M |
Stock Performance
Over the last 52-week period, shares are up 53.27%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Lumentum Holdings is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=http%3A%2F%2Finvestor.lumentum.com%2Finvestors%2Fevents-and-presentations%2Fdefault.aspx&eventid=2396216&sessionid=1&key=629AABD00872BD31ADD0B82F241706A1®Tag=&sourcepage=register
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
