Sensata Technologies Q2 results beat estimates on revenue growth, margin gains
ST•Outlook
- Sensata expects Q3 revenue of $957 mln to $987 mln, including tariff recovery
- Company sees Q3 adjusted EPS between $0.93 and $0.97
- Sensata says Q3 guidance excludes expected payments from a customer program termination
Overview
- Industrial sensor maker's Q2 revenue rose 5% yr/yr, beating analyst expectations
- Q2 adjusted EPS increased 13% yr/yr, beating analyst expectations
- Company completed $400 mln cash tender offer to retire long-term debt
Result drivers
- Segment growth - Automotive and Aerospace, Defense, and Commercial Equipment segments posted higher revenue and operating income compared to prior year
- Strategy execution - CEO said results reflect successful execution of company strategy
Key details and analyst coverage
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q2 Revenue | Beat | $990.60 mln | $970.30 mln (11 Analysts) |
| Q2 Adjusted EPS | Beat |
