Sensata Technologies (NYSE: ST) reported Q3 EPS of $0.91, in-line with the analyst estimate of $0.91. Revenue for the quarter came in at $873.6 million versus the consensus estimate of $866.04 million.

“We are exceeding the operational goals we laid out at our Investor Day last December. These goals included accelerating our organic revenue growth, increasing our adjusted EBIT margins, and executing a balanced, returns-driven capital deployment program,” said Martha Sullivan, President and Chief Executive Officer. “Our strong top-line performance in 2018 is being driven by long-term secular growth as we continue to outgrow our markets. Over the past four months, we have returned approximately $400 million in cash to shareholders through our share repurchase program. Today, we are announcing a new $250 million share repurchase authorization, which reflects our continued commitment to a balanced capital deployment strategy and our confidence in the future performance of the Company."

GUIDANCE:

Sensata Technologies sees FY2018 EPS of $3.66-$3.70, versus the consensus of $3.66. Sensata Technologies sees FY2018 revenue of $3.527-3.551 million, versus the consensus of $3.53 million.

For earnings history and earnings-related data on Sensata Technologies (ST) click here.