Sensata Technologies Reports Third Quarter 2020 Financial Results
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Sensata Technologies (ST) Tops Q3 EPS by 12c, Revenues Beat Offers 4Q Revenue Guidance Above Consensus, Provides 4Q EPS Outlook
October 27, 2020 6:06 AM EDTSensata Technologies (NYSE: ST) reported Q3 EPS of $0.66, $0.12 better than the analyst estimate of $0.54. Revenue for the quarter came in at $788.3 million versus the consensus estimate of $756.85 million.
Revenue:
Revenue was $788.3 million, a decrease of $61.4 million, or 7.2%, compared to $849.7 million in the third quarter of 2019.Revenue declined 7.5% from the third quarter of 2019 on an organic basis, which excludes a 0.3% increase from foreign currency exchange rates versus the prior year period.Revenue increased 36.7% from the second quarter of 2020 on a reported... More