Sensata Technologies Q3 Adjusted Earnings, Revenue Drop; Q4 Outlook Set -- Shares Fall After Hours

MT Newswires Live
05 Nov 2024

Sensata Technologies Holding (ST) reported Q3 adjusted earnings late Monday of $0.86 per diluted share, down from $0.91 a year earlier.

Analysts polled by Capital IQ expected $0.86.

Revenue for the quarter ended Sept. 30 fell to $982.8 million from $1 billion a year earlier.

Analysts surveyed by Capital IQ expected $984.6 million.

For Q4, the company expects adjusted EPS of $0.71 to $0.76 on revenue of $870 million to $900 million.

The consensus is for $0.86 and $962.9 million, respectively.

Sensata shares were down 5% in after-hours activity.

Price: 34.40, Change: -0.08, Percent Change: -0.23

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