While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Here is how Sensata performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Since these metrics play a crucial role in driving the top- and bottom-line numbers, co ...

A quarter ago, it was expected that this maker of sensing, electrical protection, control and power management products would post earnings of $0.86 per share when it actually produced earnings of $0.89, delivering a surprise of 3.49%. Sensata, which belongs to the Zacks Instruments - Control industry, posted revenues of $1.04 billion for the quarter ended June 2024, missing the Zacks Consensus Estimate by 0.37%. This compares to year-ago revenues of $1.06 billion. The company has topped consensus revenue e ...

Non-GAAP adjustments Many of our non-GAAP adjustments relate to a series of strategic initiatives developed by our management aimed at better positioning us for future revenue growth and an improved cost structure. These initiatives have been modified from time to time to reflect changes in overall market conditions and the competitive environment facing our business. These initiatives include, among other items, acquisitions, divestitures, restructurings of certain business, supply chain or corporate activ ...

"We are pleased to report a solid second quarter with performance in line with expectations," said Martha Sullivan, Interim President and CEO of Sensata. "Adjusted operating margins increased sequentially by thirty basis points in the second quarter, consistent with our expectations of twenty to thirty basis points of adjusted operating margin expansion per quarter in 2024. We remain committed to deliver top quartile adjusted operating margins amongst our peers." Revenue: • Operating income was $129.9 milli ...

The Zacks Instruments – Control industry is likely to have benefited from the diligent focus on energy-efficient production processes and integrated software systems in the second quarter of 2024. Industry participants, including Transcat (TRNS) , Sensata Technologies Holding (ST) and Woodward (WWD) , have been benefiting from surging demand for state-of-the-art technology for replacing legacy industrial control systems with automated products. The process instrumentation and automation industry is experien ...

Wall Street analysts expect Sensata (ST) to post quarterly earnings of $0.93 per share in its upcoming report, which indicates a year-over-year decline of 4.1%. Revenues are expected to be $1.04 billion, down 2.1% from the year-ago quarter. While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective. Analysts expect 'Ne ...

The market expects Sensata (ST) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July ...

Company Overview - Motorola provides services and solutions to government segments, public safety programs, large enterprises, and wireless infrastructure service providers, focusing on analog and digital two-way radio, voice and data communications products, and end-to-end enterprise mobility solutions [1] - Sensata Technologies (ST) is a global industrial technology company that develops, manufactures, and sells sensors and sensor-rich solutions, as well as electrical protection components and systems [5] Recent Financial Performance - In the last reported quarter, ST's revenues increased by 0.9% year over year to $1,006.7 million, surpassing the consensus mark by 1.9% [2] Product Launches and Innovations - Sensata recently launched its SGX Series of contactors, designed for low-power applications such as residential energy storage systems and DC fast charging stations [3] - The SGX Series includes models SGX150, SGX250, and SGX400, featuring gas-backfilled designs for low and stable contact resistance, optimized for specific applications [9][10] - ST enhanced its PreView Radar product portfolio with the launch of PreView STA79, aimed at improving operator awareness and fleet safety for medium and heavy-duty vehicles [6] Technological Advancements - The SGX Series contactors utilize ceramic-to-metal weld technology for a hermetically sealed design, allowing usage up to 175°C and effective management of over-current situations [4] - The SGX Series adheres to industry standards such as IEC 60664-1 and RoHS, and is UL certified, ensuring compliance with safety and performance requirements [11] Business Growth and Market Position - Sensata has secured over $2.3 billion in new business over the past three years, with $1.3 billion coming from the electrification business, indicating strong growth in this sector [7] - Frequent product launches are contributing to top-line expansion for Sensata, positioning the company for robust organic growth [14] Stock Performance - ST currently holds a Zacks Rank 3 (Hold), with shares having lost 15.9% over the past year compared to the sub-industry's growth of 18.6% [12]

choochart choochaikupt/iStock via Getty Images Sensata Technologies (NYSE:ST) has been an exasperating company to follow. Although there aren't really great "apples to apples" comps for the company, it doesn't really matter if you evaluate it as an auto supplier, an industrial, or some sort of technology-driven hybrid. By any metric, the shares have been a notable underperformer over the last five years, not to mention the year and a half or so since my last update on the company. I could argue that the com ...

Core Viewpoint - Sensata's recent earnings report indicates a mixed performance with adjusted EPS surpassing estimates, while revenue growth remains modest, highlighting both challenges and opportunities in its business segments [2][12]. Financial Performance - Sensata reported Q1 2024 adjusted EPS of 89 cents, slightly down from 92 cents a year ago, but above the Zacks Consensus Estimate of 86 cents [2]. - Quarterly revenues reached $1,006.7 million, reflecting a year-over-year increase of 0.9% and beating the consensus estimate by 1.9% [2]. - Organic growth was 2.3%, although it was partially offset by unfavorable foreign exchange movements [2]. Segmental Results - Performance Sensing revenues, which account for 70.9% of total revenues, increased by 6.8% year over year to $713.3 million, driven by growth in Automotive and Heavy vehicle off-road sectors [5]. - Sensing Solutions revenues, making up 25.6% of total revenues, decreased by 9% to $257.8 million, primarily due to an industrial down-cycle and unfavorable forex movements, despite growth in the Aerospace category [6]. - Other revenues, which constitute 3.5% of total revenues, fell by 24.3% to $35.6 million [7]. Operating Income and Expenses - Total operating income was $144.8 million, down from $148.8 million in the prior-year quarter, with total operating expenses rising to $861.9 million from $849.3 million [8]. - Adjusted operating income decreased by 2.3% to $188.5 million, mainly due to unfavorable foreign currency movements [8]. Cash Flow and Liquidity - Sensata generated $106.5 million in net cash from operating activities, up from $96.9 million a year ago, with free cash flow increasing to $64.4 million from $60 million [10]. - As of March 31, 2024, the company had $460.4 million in cash and cash equivalents and $3,375.5 million in net long-term debt [10]. Shareholder Returns - In the reported quarter, Sensata returned $28.1 million to shareholders through dividends and share repurchases [11]. Guidance - For Q2 2024, Sensata projects revenues between $1,025 million and $1,055 million, indicating a decline of 3% to 1% year-over-year [12]. - Adjusted operating income is expected to be between $192 million and $202 million, reflecting a year-over-year decline of 7% to 2% [12]. - Adjusted EPS is estimated to be between 89 cents and 95 cents, suggesting a decline of 8% to 2% [12]. Market Sentiment - Estimates for Sensata have trended upward over the past month, indicating a positive outlook despite the mixed earnings report [13][15]. - The stock has an average Growth Score of C and a value grade of A, placing it in the top quintile for investment strategy [14].