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

Strattec Security

08/02/2024 21:47

* Strattec Security Corp  STRT.OQ  reported quarterly
adjusted
earnings of 26 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of -47 cents.  The lone analyst forecast
for the quarter was for a loss of 46 cents per share. 
    * Revenue rose 4.7% to $118.53 million from a year ago;
analysts
expected $110.15 million. 
    * Strattec Security Corp's reported EPS for the quarter was
26
cents​.
    * The company reported quarterly net income of $1.02
million.
    * Strattec Security Corp shares had risen by 0.3% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 $29.00 

This summary was machine generated from LSEG data February 8 at
09:47 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
 Dec. 31 2023      -0.46          0.26           Beat
 Sep. 30 2023      -0.21          1.05           Beat
 Jun. 30 2023      -0.20          -0.69          Missed
 Mar. 31 2023      -0.23          -0.57          Missed