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

Strattec Security

09/05/2024 22:01

* Strattec Security Corp  STRT.OQ  reported quarterly
adjusted
earnings of 37 cents​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of -57 cents.  The lone analyst forecast for the
quarter was for earnings of 10 cents per share. 
    * Revenue rose 10.7% to $140.77 million from a year ago;
analysts
expected $129.42 million. 
    * Strattec Security Corp's reported EPS for the quarter was
37
cents​.
    * Strattec Security Corp shares had fallen by 9.0% this
quarter and lost 14.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 150%
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 May 9 at 09:00
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
 Mar. 31 2024      0.10           0.37           Beat
 Dec. 31 2023      -0.46          0.26           Beat
 Sep. 30 2023      -0.21          1.05           Beat
 Jun. 30 2023      -0.20          -0.69          Missed