Lumentum (LITE) Q3 Earnings Beat Estimates
LITELumentum(LITE) Zacks Investment Research·2024-05-07 06:31

Lumentum (LITE) came out with quarterly earnings of 0.29pershare,beatingtheZacksConsensusEstimateof0.29 per share, beating the Zacks Consensus Estimate of 0.26 per share. This compares to earnings of 0.75pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof11.540.75 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 11.54%. A quarter ago, it was expected that this optical networking products maker would post earnings of 0.31 per share when it actually produced earnings of $0.32, delivering a surprise of 3.23%. Over the last four q ...