Lumentum Announces Fiscal First Quarter 2021 Financial Results

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Lumentum (LITE) PT Raised to $93 at Raymond James

November 2, 2020 1:34 PM EST

Raymond James analyst Simon Leopold raised the price target on Lumentum (NASDAQ: LITE) to $93.00 (from $90.00) while maintaining an Outperform rating following results and outlook.

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Lumentum Holdings (LITE) Tops Q1 EPS by 31c, Offers Q2 Guidance

November 2, 2020 7:33 AM EST

Lumentum Holdings (NASDAQ: LITE) reported Q1 EPS of $1.78, $0.31 better than the analyst estimate of $1.47. Revenue for the quarter came in at $452.4 million versus the consensus estimate of $441.43 million.

GUIDANCE:

Lumentum Holdings sees Q2 2021 EPS of $1.70-$1.90, versus the consensus of... More