Benzinga | Nov 4, 2021 07:38AM EDT

Lumentum Holdings Q1 Adj. EPS $1.79 Beats $1.55 Estimate, Sales $448.40M Beat $440.80M Estimate

Lumentum Holdings (NASDAQ:LITE) reported quarterly earnings of $1.79 per share which beat the analyst consensus estimate of $1.55 by 15.48 percent. This is a 0.56 percent increase over earnings of $1.78 per share from the same period last year. The company reported quarterly sales of $448.40 million which beat the analyst consensus estimate of $440.80 million by 1.72 percent. This is a 0.88 percent decrease over sales of $452.40 million the same period last year.