Published on 30 Apr 2024 on Zacks via Yahoo Finance
Sensata's (ST) Q1 Earnings and Revenues Surpass Estimates
Sensata Technologies Holding plc ST reported first-quarter 2024 adjusted earnings per share (EPS) of 89 cents compared with 92 cents reported a year ago. The bottom line surpassed the Zacks Consensus Estimate of 86 cents.Quarterly revenues aggregated $1,006.7 million, up 0.9% year over year. The top line beat the consensus estimate by 1.9%. Organic growth of 2.3% was partly offset by unfavorable forex exchange movement.The company continues to make strides in its electrification business. Management highlighted that in the past three years, it won more than $2.3 billion in new business, with $1.3 billion coming from the electrification business.
Sensata Technologies Holding N.V. Price, Consensus and EPS Surprise
Sensata Technologies Holding N.V. price-consensus-eps-surprise-chart | Sensata Technologies Holding N.V. Quote