Lumentum (LITE) Earnings Date, Estimates & Call Transcripts

$52.11

-2.97 (-5.39%)

(As of 09/6/2024 ET)

Upcoming Earnings Date: Nov. 13Estimated
Actual EPS (Aug. 14): $0.06 Beat By $0.03
Consensus EPS (Aug. 14): $0.03

LITE Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

LITE Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

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Lumentum Analyst EPS Estimates

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate	Company Guidance
Q1 2024	1	$1.87	$1.87	$1.87	$0.20 - $0.35
Q2 2024	1	$1.45	$1.45	$1.45
Q3 2024	1	$1.39	$1.39	$1.39	0.200 - 0.350
Q4 2024	1	$1.34	$1.34	$1.34	- 0.050 - 0.100
FY 2024	4	$6.05	$6.05		$6.05

LITE Earnings Date and Information

Lumentum last posted its quarterly earnings data on August 14th, 2024. The technology company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.03. The business had revenue of $308.30 million for the quarter, compared to the consensus estimate of $301.36 million. Its revenue was down 16.9% compared to the same quarter last year. Lumentum has generated ($5.25) earnings per share over the last year (($5.25) diluted earnings per share). Earnings for Lumentum are expected to grow by 1,027.27% in the coming year, from $0.22 to $2.48 per share. Lumentum has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, November 13th, 2024 based off prior year's report dates.

Lumentum Earnings History by Quarter

Time Frame

Start Date

End Date

Export to Excel

Date	Quarter	Consensus Estimate	Reported EPS	Beat/Miss	GAAP EPS	Revenue Estimate	Actual Revenue
11/13/2024 (Estimated)	-	-	-	-	-	-	-
8/14/2024	Q4 2024	$0.0340	$0.06	+$0.0260	$2.94	$301.36 million	$308.30 million
5/6/2024	Q3 2024	($0.18)	($0.18)	-	$1.52	$366.53 million	$366.50 million
2/8/2024	Q2 2024	($0.10)	($0.17)	($0.07)	$1.13	$363.44 million	$366.80 million
11/8/2023	Q1 2024	($0.14)	($0.10)	+$0.04	$0.82	$313.98 million	$317.60 million
8/17/2023	Q4 2023	$0.14	$0.12	($0.02)	$1.12	$368.16 million	$370.80 million
5/9/2023	Q3 2023	$0.36	$0.36	-	$1.29	$393.08 million	$383.40 million
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2/9/2023	Q2 2023	$0.83	$1.03	+$0.20	$2.52	$506.13 million	$506.00 million
11/8/2022	Q1 2023	$1.18	$1.19	+$0.01	$2.39	$505.55 million	$506.80 million
8/16/2022	Q4 2022	$1.07	$1.15	+$0.08	$1.81	$417.99 million	$422.10 million
5/4/2022	Q3 2022	$0.79	$0.93	+$0.14	$1.51	$390.16 million	$395.40 million
2/3/2022	Q2 2022	$1.28	$1.28	-	$1.81	$444.72 million	$446.70 million
11/4/2021	Q3 2021	$1.55	$1.79	+$0.24	$1.98	$439.95 million	$448.40 million
8/17/2021	Q2 2021	$1.06	$1.15	+$0.09	$1.40	$382.17 million	$392.10 million
5/12/2021	Q1 2021	$1.40	$1.40	-	($0.69)	$434.02 million	$419.50 million
2/2/2021	Q4 2020	$1.61	$1.99	+$0.38	$2.30	$480.81 million	$478.80 million
11/2/2020	Q3 2020	$1.47	$1.78	+$0.31	$2.20	$441.30 million	$452.40 million
8/11/2020	Q2 2020	$0.83	$1.18	+$0.35	$1.96	$349.73 million	$368.10 million
5/5/2020	Q1 2020	$1.05	$1.26	+$0.21	$1.48	$408.54 million	$402.80 million
2/4/2020	Q2 2020	$1.29	$1.53	+$0.24	$1.95	$452.18 million	$457.80 million
10/31/2019	Q1 2020	$1.20	$1.44	+$0.24	$1.85	$448.16 million	$449.90 million

Lumentum Earnings - Frequently Asked Questions

When is Lumentum's earnings date?: Lumentum has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, November 13th, 2024 based off last year's report dates. Learn more on LITE's earnings history.
What guidance has Lumentum issued on next quarter's earnings?: Lumentum updated its first quarter 2025 earnings guidance on Wednesday, August, 14th. The company provided earnings per share guidance of 0.070-0.170 for the period, compared to the consensus EPS estimate of 0.130. The company issued revenue guidance of $315.0 million-$335.0 million, compared to the consensus revenue estimate of $312.6 million.
Did Lumentum beat their earnings estimates last quarter?: In the previous quarter, Lumentum (NASDAQ:LITE) reported $0.06 earnings per share (EPS) to beat the analysts' consensus estimate of $0.03 by $0.03. Learn more on analysts' earnings estimate vs. LITE's actual earnings.
How can I listen to Lumentum's earnings conference call?: The conference call for Lumentum's latest earnings report can be listened to online. Listen to Conference Call
How can I read Lumentum's conference call transcript?: The conference call transcript for Lumentum's latest earnings report can be read online. Read Transcript
How much revenue does Lumentum generate each year?: Lumentum (NASDAQ:LITE) has a recorded annual revenue of $1.36 billion.
How much profit does Lumentum generate each year?: Lumentum (NASDAQ:LITE) has a recorded net income of -$546.50 million. LITE has generated -$5.25 earnings per share over the last four quarters.
What is Lumentum's price-to-earnings ratio?: Lumentum (NASDAQ:LITE) has a forward price-to-earnings ratio of 236.86. The price/earnings-to-growth ratio is 4.55.
What is Lumentum's EPS forecast for next year?: Lumentum's earnings are expected to grow from $0.22 per share to $2.48 per share in the next year, which is a 1,027.27% increase.