Lumentum (LITE) Q1 Earnings and Revenues Surpass Estimates

Core Insights - Lumentum reported quarterly earnings of $1.1 per share, exceeding the Zacks Consensus Estimate of $1.03 per share, and showing significant growth from $0.18 per share a year ago, resulting in an earnings surprise of +6.80% [1] - The company achieved revenues of $533.8 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.43% and increasing from $336.9 million year-over-year [2] - Lumentum's stock has increased approximately 137.7% since the beginning of the year, significantly outperforming the S&P 500's gain of 16.5% [3] Earnings Outlook - The future performance of Lumentum's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook, including current consensus earnings expectations for upcoming quarters [4][6] - The current consensus EPS estimate for the next quarter is $1.15 on revenues of $559.74 million, and for the current fiscal year, it is $4.90 on revenues of $2.3 billion [7] Industry Context - The Communication - Components industry, to which Lumentum belongs, is currently ranked in the top 13% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - The performance of Lumentum's stock may also be influenced by the overall industry outlook, as empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions [5][8]