Strattec Security Corp reports results for the quarter ended March 31 - Earnings Summary

• Strattec Security Corp STRT.OQ reported quarterly adjusted earnings of $1.32​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 37 cents. The lone analyst forecast for the quarter was for earnings of 95 cents per share.

• Revenue rose 2.4% to $144.08 million from a year ago; analysts expected $140.84 million.

• Strattec Security Corp's reported EPS for the quarter was $1.32​.

• Strattec Security Corp shares had fallen by 14.4% this quarter and lost 18.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 37.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• Wall Street's median 12-month price target for Strattec Security Corp is $50.00

This summary was machine generated from LSEG data May 9 at 01:04 a.m. UTC. ​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)