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Lumentum (LITE) Q4 Earnings and Revenues Top Estimates
LITELumentum(LITE) ZACKS·2024-08-14 22:15

Lumentum (LITE) came out with quarterly earnings of 0.06pershare,beatingtheZacksConsensusEstimateof0.06 per share, beating the Zacks Consensus Estimate of 0.03 per share. This compares to earnings of 0.59pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof1000.59 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this optical networking products maker would post earnings of 0.26 per share when it actually produced earnings of $0.29, delivering a surprise of 11.54%. Over the last four quar ...