Sensata Sees Q2 Adj. EPS $0.89-$0.95 vs $0.92 Est., Revenue $1.025B-$1.055B vs $1.04B Est.
Portfolio Pulse from Benzinga Newsdesk
Sensata Technologies provided its Q2 earnings guidance, projecting adjusted EPS to be between $0.89 and $0.95, compared to the estimated $0.92. The company also forecasts revenue to be in the range of $1.025 billion to $1.055 billion, versus the estimated $1.04 billion.
April 29, 2024 | 8:36 pm
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Sensata Technologies projects its Q2 adjusted EPS to be slightly above or below the consensus estimate of $0.92, with revenue forecasts also closely aligning with expectations.
Sensata's guidance indicates a performance in line with market expectations, suggesting a neutral short-term impact on its stock price. The slight variance in EPS and revenue projections compared to estimates does not indicate a significant deviation from what investors anticipated, hence the neutral score.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100