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Politics : Sam's miscellany
MU 56.99-3.4%Feb 21 4:00 PM EST

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From: Sam1/30/2020 10:58:01 AM
   of 949
 
Lumentum Holdings Inc:Profits of $1.29 per share anticipated for second quarter
January 30, 2020
08:56 AM ETPublished January 30, 2020 08:56 AM Eastern Time
Reuters

30 January 202001:56 p.m. GMT all figures in US Dollars. Lumentum Holdings Inc is expected to show an increase in its fourth quarter earnings to $1.29 per share according to the mean Refinitiv estimate from seventeen analysts. Wall Street expects results to range from $1.25 to $1.35 per share.

RECOMMENDATIONS
* The consensus recommendation for the company is "Buy". This includes two "Strong Buy", thirteen "Buy", two "Hold".
* The average consensus recommendation for the communications & networking peer group is also "Buy".

FORECAST CHANGES
* Seventeen analysts are currently providing Refinitiv with estimates.
* In the last week there have been no earnings estimate revisions by analysts covering the company. There were no changes to the number of estimates.
* In the last four weeks the earnings per share estimate has risen by 1.06 percent from $1.27. Estimates ranged from a high of $1.34 to a low of $1.08. There has been no changes to the number of estimates.
* The StarMine predicted earnings surprise is is too low to be considered statistically significant. Predicted revenue surprise is too low to be significant.
* The average price target from the seventeen analysts providing estimates is $84.12.

YEAR OVER YEAR
* The company is expected to report a rise in revenue to $452.23 million from $373.7 million in the same quarter last year.
* The current quarter consensus estimate of $1.29 per share implies a gain of 12.01 percent from the same quarter last year when the company reported $1.15 per share.
* Previous quarterly performance(using preferred earnings measure)

QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED
Sep. 30 2019 1.20 1.44 Beat

Jun. 30 2019 0.72 0.92 Beat

Mar. 31 2019 0.85 0.91 Beat

Dec. 31 2018 1.17 1.15 Missed

This summary was machine generated from Refinitiv data January 30 at 01:56 p.m. GMT.

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