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

Strattec Security

08/08/2024 22:43

* Strattec Security Corp  STRT.OQ  reported quarterly
adjusted
earnings of $2.39​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of -69 cents.  The lone analyst forecast for the
quarter was for earnings of 38 cents per share. 
    * Revenue rose 8.2% to $143.06 million from a year ago;
analysts
expected $141.51 million. 
    * Strattec Security Corp's reported EPS for the quarter was
$2.39​.
    * Strattec Security Corp shares had fallen by 9.4% this
quarter and lost 10.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 245.5%
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 $31.00 

This summary was machine generated from LSEG data August 8 at
09:43 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 2024      0.38           2.39           Beat
 Mar. 31 2024      0.10           0.37           Beat
 Dec. 31 2023      -0.46          0.26           Beat
 Sep. 30 2023      -0.21          1.05           Beat