We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Countdown to Sensata (ST) Q1 Earnings: Wall Street Forecasts for Key Metrics
Read MoreHide Full Article
Wall Street analysts expect Sensata (ST - Free Report) to post quarterly earnings of $0.72 per share in its upcoming report, which indicates a year-over-year decline of 19.1%. Revenues are expected to be $879.52 million, down 12.6% from the year-ago quarter.
The current level reflects a downward revision of 1.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements 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.
According to the collective judgment of analysts, 'Net Revenue- Sensing Solutions' should come in at $245.61 million. The estimate indicates a year-over-year change of -4.7%.
The consensus estimate for 'Net Revenue- Performance Sensing' stands at $635.90 million. The estimate points to a change of -10.9% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Segment Profit- Performance Sensing' of $137.69 million. Compared to the present estimate, the company reported $185.13 million in the same quarter last year.
The combined assessment of analysts suggests that 'Segment Profit- Sensing Solutions' will likely reach $69.39 million. Compared to the current estimate, the company reported $72.48 million in the same quarter of the previous year.
Sensata shares have witnessed a change of +22.3% in the past month, in contrast to the Zacks S&P 500 composite's +10.6% move. With a Zacks Rank #4 (Sell), ST is expected underperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Countdown to Sensata (ST) Q1 Earnings: Wall Street Forecasts for Key Metrics
Wall Street analysts expect Sensata (ST - Free Report) to post quarterly earnings of $0.72 per share in its upcoming report, which indicates a year-over-year decline of 19.1%. Revenues are expected to be $879.52 million, down 12.6% from the year-ago quarter.
The current level reflects a downward revision of 1.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements 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.
According to the collective judgment of analysts, 'Net Revenue- Sensing Solutions' should come in at $245.61 million. The estimate indicates a year-over-year change of -4.7%.
The consensus estimate for 'Net Revenue- Performance Sensing' stands at $635.90 million. The estimate points to a change of -10.9% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Segment Profit- Performance Sensing' of $137.69 million. Compared to the present estimate, the company reported $185.13 million in the same quarter last year.
The combined assessment of analysts suggests that 'Segment Profit- Sensing Solutions' will likely reach $69.39 million. Compared to the current estimate, the company reported $72.48 million in the same quarter of the previous year.
View all Key Company Metrics for Sensata here>>>
Sensata shares have witnessed a change of +22.3% in the past month, in contrast to the Zacks S&P 500 composite's +10.6% move. With a Zacks Rank #4 (Sell), ST is expected underperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>