Benzinga | May 12, 2021 07:33AM EDT

Lumentum Holdings Q3 Adj. EPS $1.40, Inline, Sales $419.50M Miss $433.49M Estimate

Lumentum Holdings (NASDAQ:LITE) reported quarterly earnings of $1.40 per share which met the analyst consensus estimate. This is a 11.11 percent increase over earnings of $1.26 per share from the same period last year. The company reported quarterly sales of $419.50 million which missed the analyst consensus estimate of $433.49 million by 3.23 percent. This is a 4.15 percent increase over sales of $402.80 million the same period last year.