Lumentum Holdings Inc LITE.OQ LITE.O is expected to show a rise in quarterly revenue when it reports results on May 6 for the period ending March 31 2025
The San Jose California-based company is expected to report a 14.1% increase in revenue to $418.283 million from $366.5 million a year ago, according to the mean estimate from 14 analysts, based on LSEG data.The company's guidance on February 6 2025, for the period ended March 31, was for revenue between $410.00 million and $425.00 million.
LSEG's mean analyst estimate for Lumentum Holdings Inc is for earnings of 50 cents per share. The company's EPS guidance on February 6 2025, for the period ended March 31, was between $0.47 and $0.53
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts had risen by about 1.1% in the last three months.
Wall Street's median 12-month price target for Lumentum Holdings Inc is $90.00, above its last closing price of $61.52.
The company's guidance on February 6 2025 for the period ended March 31 was for Earnings before Interest and Taxes between USD38.95 million and USD44.63 million.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2024 | 0.37 | 0.36 | 0.42 | Beat | 17.3 |
Sep. 30 2024 | 0.12 | 0.12 | 0.18 | Beat | 44.8 |
Jun. 30 2024 | 0.04 | 0.03 | 0.06 | Beat | 85.7 |
Mar. 31 2024 | 0.26 | 0.26 | 0.29 | Beat | 11.3 |
Dec. 31 2023 | 0.31 | 0.30 | 0.32 | Beat | 6.2 |
Sep. 30 2023 | 0.27 | 0.27 | 0.35 | Beat | 29.1 |
Jun. 30 2023 | 0.56 | 0.56 | 0.59 | Beat | 6.2 |
Mar. 31 2023 | 0.75 | 0.80 | 0.75 | Missed | -5.8 |
This summary was machine generated May 2 at 21:09 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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