Lumentum Holdings Inc. reports results for the quarter ended June 30 - Earnings Summary
Lumentum Holdings Inc. reports results for the quarter ended June 30 - Earnings Summary
Lumentum Holdings Inc. LITE.OQ reported quarterly adjusted earnings of $3.23 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 88 cents. The mean expectation of twenty one analysts for the quarter was for earnings of $2.97 per share. Wall Street expected results to range from $2.87 to $3.08 per share.
Revenue rose 109.3% to $1.01 billion from a year ago; analysts expected $987.89 million.
Lumentum Holdings Inc.'s reported EPS for the quarter was a loss of $84.65.
The company reported a quarterly loss of $7.16 billion.
Lumentum Holdings Inc. shares had fallen by 5.2% this quarter and gained 120.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.9% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 23 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the communications & networking peer group is also "buy"
Wall Street's median 12-month price target for Lumentum Holdings Inc. is $1,100.00, about 26% above its last closing price of $813.51
This summary was machine generated from LSEG data August 11 at 09:01 p.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 |
Jun. 30 2026 | 2.97 | 3.23 | Beat |
Mar. 31 2026 | 2.29 | 2.37 | Beat |
Dec. 31 2025 | 1.39 | 1.67 | Beat |
Sep. 30 2025 | 1.03 | 1.10 | Beat |
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