Sensata Technologies Holding plc (NYSE:ST) is expected to report third quarter earnings results, before market open, on Tuesday 27th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.54 per share.
Looking ahead, the full year income are expected at $ 1.92 per share on the revenues of $ 2902.67 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 3,399.00 million ~ $ 3,499.00 million, where as bottomline are predicted in a range of $ 3.42 ~ $ 3.58 per share
Click Here For More Historical Outlooks Of Sensata Technologies Holding plc
Previous Quarter Performance
Sensata Technologies Holding plc recorded income for the second quarter of $ 0.18 per share, from the revenue of $ 576.50 million. The quarterly earnings dropped 80.65 percent compared with the same quarter last year. According to street consensus, ST was expected to report 2Q20 income of $ 0.14 per share from revenue of $ 570.09 million. The bottom line results beat street analysts by $ 0.04 or 28.57 percent, at the same time, top line results outshined analysts by $ 6.41 million or 1.12 percent.
Stock Performance
Shares of Sensata Technologies Holding plc traded up $ 0.74 or 1.54 percent on Friday, reaching $ 48.90 with volume of 1.04 million shares. Sensata Technologies Holding plc has traded high as $ 49.23 and has cracked $ 48.33 on the downward trend
According to the previous trading day, closing price of $ 48.90, representing a 163.89 % increase from the 52 week low of $ 18.25 and a 11.99 % decrease over the 52 week high of $ 54.72.
The company has a market capital of $ 7.69 billion and is part of the Technology sector and Scientific & Technical Instruments industry.
Recent Analyst recommendations
- On 6th October 2020, initiated by Berenberg Bank at Buy rating, with $ 55.00 target price.
- On 5th October 2020, upgraded by Cowen to Outperform from Market Perform rating, with $ 55.00 target price.
- On 5th October 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 43.00 target price.
Conference Call
Sensata Technologies Holding plc will be hosting a conference call at 8:00 AM eastern time on 27th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.sensata.com
Sensata Technologies Holding plc, through its subsidiary, Sensata Technologies Holding N.V., develops, manufactures, and sells a range of sensors and controls in the Americas, Asia, Europe, and internationally. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment develops and manufactures pressure sensors, speed and position sensors, and temperature sensors.
