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

Strattec Security

27/04/2023 22:02

* Strattec Security Corp  STRT.OQ  reported a quarterly
adjusted
loss of 57 cents​​ per share for the quarter ended in March. The
lone analyst forecast for the quarter was for a loss of 23 cents
per share.
    * Revenue rose 9.7% to $127.18 million from a year ago;
analysts
expected $121.23 million. 
    * Strattec Security Corp's reported EPS for the quarter was
a loss
of 57 cents​.
    * The mean earnings estimate of analysts had fallen by
about 185.2% 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 fallen by 13.1% this
quarter and lost 3.7% so far this year.
    * The company reported a quarterly loss of $2.26 million.
    * Wall Street's median 12-month price target for Strattec
Security
Corp is $32.00 

This summary was machine generated from LSEG Refinitiv data
April 27 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.81           0.10           Missed