Lumentum Announces Fiscal Third Quarter 2019 Results

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Go back to Lumentum Announces Fiscal Third Quarter 2019 Results

Lumentum (LITE) PT Raised to $90 at DA Davidson

May 8, 2019 8:46 AM EDT

DA Davidson analyst Mark Kelleher raised the price target on Lumentum (NASDAQ: LITE) to $90.00 (from $80.00) while maintaining a Buy rating following the company's 3Q earnings report. LITE reported solid results, with revenue and EPS above expectations. Strength in the quarter was driven by... More

Lumentum Holdings (LITE) Tops Q3 EPS by 6c, Q4 Revenue Guidance Comes in Light

May 7, 2019 7:36 AM EDT

Lumentum Holdings (NASDAQ: LITE) reported Q3 EPS of $0.91, $0.06 better than the analyst estimate of $0.85. Revenue for the quarter came in at $432.9 million versus the consensus estimate of $428.62 million.

GUIDANCE:

Lumentum Holdings sees Q4 2019 EPS of $0.85-$1.00, versus the consensus of... More