Lumentum Announces Fiscal Second Quarter 2019 Results

Go back to Lumentum Announces Fiscal Second Quarter 2019 Results

Lumentum (LITE) PT Raised to $65 at B.Riley/FBR

February 6, 2019 8:49 AM EST

B.Riley/FBR analyst Dave Kang raised the price target on Lumentum (NASDAQ: LITE) to $65.00 (from $62.00) while maintaining a Buy rating.

... More

Needham & Company Reiterates Strong Buy on Lumentum (LITE)

February 6, 2019 8:02 AM EST

Needham & Company analyst, Alex Henderson, reiterated a Strong Buy rating and $65.00 price target on Lumentum (NASDAQ: LITE) following the company's 4Q earnings report. On 3D, LITE exceeded CY4Q estimate at ~$110 million and guidance implies estimates are at the... More

Lumentum Holdings (LITE) Misses Q2 EPS by 1c, Q3 EPS Guidance Misses

February 5, 2019 7:31 AM EST

Lumentum Holdings (NASDAQ: LITE) reported Q2 EPS of $1.15, $0.01 worse than the analyst estimate of $1.16. Revenue for the quarter came in at $373.1 million versus the consensus estimate of $360.93 million.

GUIDANCE:

Lumentum Holdings sees Q3 2019 EPS of $0.76-$0.94, versus the consensus of... More