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

Strattec Security

10/08/2023 21:31

* Strattec Security Corp  STRT.OQ  reported a quarterly
adjusted
loss of 69 cents​​ per share for the quarter ended in June. The
lone analyst forecast for the quarter was for a loss of 20 cents
per share.
    * Revenue rose 7.4% to $132.22 million from a year ago;
analysts
expected $125.03 million. 
    * Strattec Security Corp's reported EPS for the quarter was
a loss
of 69 cents​.
    * The mean earnings estimate of analysts had fallen by
about 42.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Strattec Security Corp shares had risen by 25.4% this
quarter and gained 10.7% so far this year.
    * The company reported a quarterly loss of $2.7 million.
    * Wall Street's median 12-month price target for Strattec
Security
Corp is $29.00 

This summary was machine generated from LSEG Refinitiv data
August 10 at 08:30 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.20          -0.69          Missed
 Mar. 31 2023      -0.23          -0.57          Missed
 Dec. 31 2022      0.05           -0.47          Missed
 Sep. 30 2022      0.33           0.03           Missed