Strattec Security (NASDAQ:STRT) reported its Q2 earnings results on Thursday, January 27, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Strattec Security beat estimated earnings by 31.82%, reporting an EPS of $0.87 versus an estimate of $0.66, which surprised analysts.
Revenue was up $14.45 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.67, which was followed by a 8.51% drop in the share price the next day.
Here's a look at Strattec Security's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.70 | 1.04 | 1.40 | 1.22 |
| EPS Actual | 0.03 | 0.75 | 1.15 | 1.59 |
| Revenue Estimate | 108.04M | 122.73M | 122.73M | 118.97M |
| Revenue Actual | 100.34M | 110.06M | 121.64M | 127.36M |
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
