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

Strattec Security

27/10/2022 22:01

* Strattec Security Corp  STRT.OQ  reported quarterly
adjusted
earnings of 3 cents​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was
for earnings of 33 cents per share.
    * Revenue rose 20% to $120.36 million from a year ago;
analysts
expected $122.41 million. 
    * Strattec Security Corp's reported EPS for the quarter was
3
cents​.
    * The mean earnings estimate of analysts had fallen by
about 61.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Strattec Security Corp shares had risen by 16.3% this
quarter and lost 34.7% so far this year.
    * The company reported quarterly net income of $128
thousand.
    * Wall Street's median 12-month price target for Strattec
Security
Corp is $46.00 

This summary was machine generated from Refinitiv data October
27 at 09:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.33           0.03           Missed
 Jun. 30 2022      0.81           0.10           Missed
 Mar. 31 2022      0.86           0.80           Missed
 Dec. 31 2021      0.58           0.87           Beat