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QQQ   431.06
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Lumentum (LITE) Earnings Date, Estimates & Call Transcripts

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Earnings Summary

Upcoming
Earnings Date
May. 14Estimated
Actual EPS
(Feb. 8)
-$0.17 Missed By -$0.07
Consensus EPS
(Feb. 8)
-$0.10
Skip Charts & View Estimated and Actual Earnings Data
Earnings Per ShareRevenue

LITE Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

LITE Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Lumentum Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241$1.87$1.87$1.87$0.20 - $0.35
Q2 20241$1.45$1.45$1.45 
Q3 20241$1.39$1.39$1.390.200 - 0.350
Q4 20241$1.34$1.34$1.34 
FY 20244$6.05$6.05 $6.05

LITE Earnings Date and Information

Lumentum last issued its earnings results on February 8th, 2024. The technology company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by $0.07. The business earned $366.80 million during the quarter, compared to analysts' expectations of $363.44 million. Lumentum has generated ($3.94) earnings per share over the last year (($3.94) diluted earnings per share). Earnings for Lumentum are expected to grow in the coming year, from ($0.61) to $0.86 per share. Lumentum has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, May 14th, 2024 based off prior year's report dates.

Lumentum Earnings History by Quarter

Export to Excel
DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/14/2024
Estimated)		------- 
2/8/2024Q2 2024($0.10)($0.17)($0.07)$1.13$363.44 million$366.80 million
11/8/2023Q1 2024($0.14)($0.10)+$0.04$0.82$313.98 million$317.60 million    
8/17/2023Q4 2023$0.14$0.12($0.02)$1.12$368.16 million$370.80 million
5/9/2023Q3 2023$0.36$0.36-$1.29$393.08 million$383.40 million    
2/9/2023Q2 2023$0.83$1.03+$0.20$2.52$506.13 million$506.00 million
11/8/2022Q1 2023$1.18$1.19+$0.01$2.39$505.55 million$506.80 million
8/16/2022Q4 2022$1.07$1.15+$0.08$1.81$417.99 million$422.10 million    
5/4/2022Q3 2022$0.79$0.93+$0.14$1.51$390.16 million$395.40 million    
2/3/2022Q2 2022$1.28$1.28-$1.81$444.72 million$446.70 million    
11/4/2021Q3 2021$1.55$1.79+$0.24$1.98$439.95 million$448.40 million    
8/17/2021Q2 2021$1.06$1.15+$0.09$1.40$382.17 million$392.10 million    
5/12/2021Q1 2021$1.40$1.40-($0.69)$434.02 million$419.50 million    

Lumentum Earnings - Frequently Asked Questions

When is Lumentum's earnings date?

Lumentum has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, May 14th, 2024 based off last year's report dates. Learn more on LITE's earnings history.

Did Lumentum beat their earnings estimates last quarter?

In the previous quarter, Lumentum (NASDAQ:LITE) missed the analysts' consensus estimate of ($0.10) by $0.07 with a reported earnings per share (EPS) of ($0.17). Learn more on analysts' earnings estimate vs. LITE's actual earnings.

How much revenue does Lumentum generate each year?

Lumentum (NASDAQ:LITE) has a recorded annual revenue of $1.44 billion.

How much profit does Lumentum generate each year?

Lumentum (NASDAQ:LITE) has a recorded net income of -$131.60 million. LITE has generated -$3.94 earnings per share over the last four quarters.

What is Lumentum's EPS forecast for next year?

Lumentum's earnings are expected to grow from ($0.61) per share to $0.86 per share in the next year.


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This page (NASDAQ:LITE) was last updated on 4/16/2024 by MarketBeat.com Staff

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