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Strattec Security: Q2 Earnings Insights

Strattec Security (NASDAQ:STRT) reported its Q2 earnings results on Thursday, February 8, 2024 at 04:00 PM. Here’s what…
byBenzinga Insights
February 8, 2024
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Strattec Security (NASDAQ:STRT) reported its Q2 earnings results on Thursday, February 8, 2024 at 04:00 PM.

Here’s what investors need to know about the announcement.

Earnings

Strattec Security beat estimated earnings by 156.52%, reporting an EPS of $0.26 versus an estimate of $-0.46.

Revenue was up $5.35 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $1.26 which was followed by a 0.0% increase in the share price the next day.

Here’s a look at Strattec Security’s past performance:

Quarter Q1 2024 Q4 2023 Q3 2023 Q2 2023
EPS Estimate -0.21 -0.20 -0.23 0.05
EPS Actual 1.05 -0.69 -0.57 -0.47
Revenue Estimate 126.11M 125.03M 121.23M 120.99M
Revenue Actual 135.41M 132.22M 127.18M 113.18M

To track all earnings releases for Strattec Security visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

 
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