Is Lumentum Stock a Smart Investment Option Post Q2 Earnings?

Key Takeaways LITE shares surged 24% after fiscal Q2 results delivered 65.5% revenue growth and an 18.7% EPS beat.The Zacks Consensus Estimate pegs LITE's fiscal Q3 EPS at $2.24, up 47.4% in the past 30 days.LITE expects fiscal Q3 revenues of $780-$830M, with operating margin projected to expand further to 30-31%.Lumentum Holdings (LITE) shares have surged 24% following the release of its second-quarter fiscal 2026 results on Feb. 4, 2026. The uptick can be attributed to a remarkable 65.5% top-line growth, ...