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Lumentum Holdings LITE reported its Q4 earnings results on Tuesday, August 16, 2022 at 07:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Lumentum Holdings beat estimated earnings by 10.53%, reporting an EPS of $1.47 versus an estimate of $1.33.
Revenue was up $30.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 0.76% drop in the share price the next day.
Here’s a look at Lumentum Holdings’s past performance:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.12 | 1.58 | 1.55 | 1.05 |
| EPS Actual | 1.19 | 1.60 | 1.79 | 1.15 |
| Revenue Estimate | 395.40M | 445.49M | 440.80M | 382.22M |
| Revenue Actual | 395.40M | 446.70M | 448.40M | 392.10M |
To track all earnings releases for Lumentum Holdings visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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Image and article originally from www.benzinga.com. Read the original article here.