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Sensata (ST) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
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Wall Street analysts expect Sensata (ST - Free Report) to post quarterly earnings of $0.93 per share in its upcoming report, which indicates a year-over-year decline of 4.1%. Revenues are expected to be $1.04 billion, down 2.1% from the year-ago quarter.
The consensus EPS estimate for the quarter has been revised 0.6% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Given this perspective, it's time to examine the average forecasts of specific Sensata metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts expect 'Net Revenue- Sensing Solutions' to come in at $278.90 million. The estimate points to a change of -8.5% from the year-ago quarter.
Analysts' assessment points toward 'Net Revenue- Performance Sensing' reaching $733.14 million. The estimate indicates a year-over-year change of -3.2%.
According to the collective judgment of analysts, 'Segment Profit- Performance Sensing' should come in at $189.23 million. The estimate compares to the year-ago value of $191.15 million.
The collective assessment of analysts points to an estimated 'Segment Profit- Sensing Solutions' of $73.28 million. The estimate compares to the year-ago value of $84.15 million.
Shares of Sensata have demonstrated returns of +0.5% over the past month compared to the Zacks S&P 500 composite's -0.3% change. With a Zacks Rank #3 (Hold), ST is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Sensata (ST) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Wall Street analysts expect Sensata (ST - Free Report) to post quarterly earnings of $0.93 per share in its upcoming report, which indicates a year-over-year decline of 4.1%. Revenues are expected to be $1.04 billion, down 2.1% from the year-ago quarter.
The consensus EPS estimate for the quarter has been revised 0.6% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Given this perspective, it's time to examine the average forecasts of specific Sensata metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts expect 'Net Revenue- Sensing Solutions' to come in at $278.90 million. The estimate points to a change of -8.5% from the year-ago quarter.
Analysts' assessment points toward 'Net Revenue- Performance Sensing' reaching $733.14 million. The estimate indicates a year-over-year change of -3.2%.
According to the collective judgment of analysts, 'Segment Profit- Performance Sensing' should come in at $189.23 million. The estimate compares to the year-ago value of $191.15 million.
The collective assessment of analysts points to an estimated 'Segment Profit- Sensing Solutions' of $73.28 million. The estimate compares to the year-ago value of $84.15 million.
View all Key Company Metrics for Sensata here>>>
Shares of Sensata have demonstrated returns of +0.5% over the past month compared to the Zacks S&P 500 composite's -0.3% change. With a Zacks Rank #3 (Hold), ST is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>