Strattec Security Q4 2024 GAAP EPS $2.39 Beats $0.38 Estimate, Sales $143.055M Beat $141.505M Estimate
Portfolio Pulse from Benzinga Newsdesk
Strattec Security (NASDAQ:STRT) reported Q4 2024 GAAP EPS of $2.39, significantly beating the analyst estimate of $0.38. The company also reported sales of $143.055 million, surpassing the estimate of $141.505 million and marking an 8.20% increase from the same period last year.
August 08, 2024 | 8:20 pm
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Strattec Security reported Q4 2024 GAAP EPS of $2.39, beating the analyst estimate of $0.38 by 528.95%. Sales of $143.055 million also exceeded the estimate of $141.505 million, showing an 8.20% increase from the same period last year.
The significant beat on both EPS and sales estimates, along with a notable year-over-year sales increase, is likely to positively impact Strattec Security's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100