Benzinga | Feb 2, 2021 07:35AM EST

Lumentum Holdings Q2 EPS $1.99 Beats $1.90 Estimate, Sales $452.40M Miss $480.68M Estimate

Lumentum Holdings (NASDAQ:LITE) reported quarterly earnings of $1.99 per share which beat the analyst consensus estimate of $1.90 by 4.74 percent. This is a 30.07 percent increase over earnings of $1.53 per share from the same period last year. The company reported quarterly sales of $452.40 million which missed the analyst consensus estimate of $480.68 million by 5.88 percent. This is a 1.18 percent decrease over sales of $457.80 million the same period last year.