Lumentum Holdings Inc <LITE.OQ> expected to post earnings of 50 cents a share - Earnings Preview

• 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). ​

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)