Strattec Security Corp reports results for the quarter ended in September 30 - Earnings Summary

Reuters11-05

* Strattec Security Corp reported quarterly adjusted earnings of 92 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $1.05. The lone analyst forecast for the quarter was for earnings of 56 cents per share.

* Revenue rose 2.7% to $139.05 million from a year ago; analysts expected $139.32 million.

* Strattec Security Corp's reported EPS for the quarter was 92 cents​.

* Strattec Security Corp shares had fallen by 13.2% this quarter and gained 46.1% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had risen by about 40% in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

*

* Wall Street's median 12-month price target for Strattec Security Corp is 40.00

This summary was machine generated from LSEG data November 5 at 07:49 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 0.56 0.92 Beat

Jun. 30 2024 0.38 2.39 Beat

Mar. 31 2024 0.10 0.37 Beat

Dec. 31 2023 -0.46 0.26 Beat

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment