Lumentum Announces Fiscal Fourth Quarter And Full Year 2020 Results
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Lumentum (LITE) PT Raised to $115 at Susquehanna
August 11, 2020 2:31 PM EDTSusquehanna analyst Christopher Rolland raised the price target on Lumentum (NASDAQ: LITE) to $115.00 (from $105.00) while maintaining a Positive rating.
The analyst commented, "While we were encouraged by sustained strength in Telecom and Datacom, we worry a bit that supply constraints limit upside," the analyst commented.
... MoreLumentum Holdings (LITE) Tops Q4 EPS by 36c, Offers Q1 Guidance
August 11, 2020 7:32 AM EDTLumentum Holdings (NASDAQ: LITE) reported Q4 EPS of $1.18, $0.36 better than the analyst estimate of $0.82. Revenue for the quarter came in at $368.1 million versus the consensus estimate of $349.21 million.
GUIDANCE:
Lumentum Holdings sees Q1 2021 EPS of $1.40-$1.55, versus the consensus of... More
