Strattec Security Q1 EPS $1.05 Beats $(0.21) Estimate, Sales $135.41M Beat $126.11M Estimate
Portfolio Pulse from vinayak@benzinga.com
Strattec Security (NASDAQ:STRT) reported Q1 earnings of $1.05 per share, beating the analyst consensus estimate of $(0.21) by 600%. This is a 3400% increase from the same period last year. The company also reported quarterly sales of $135.41 million, beating the analyst consensus estimate of $126.11 million by 7.37%, a 12.50% increase from the same period last year.
October 26, 2023 | 8:10 pm
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Strattec Security's Q1 earnings and sales significantly exceeded analyst estimates, indicating strong financial performance.
Strattec Security's Q1 earnings and sales significantly exceeded analyst estimates, which is a strong indicator of the company's financial performance. This could lead to increased investor confidence and a potential increase in the company's stock price in the short term.
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