Lumentum Holdings's Earnings Outlook

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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&regTag=&sourcepage=register

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Posted In: Earnings
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