Benzinga | Jan 27, 2022 05:00PM EST

Recap: Strattec Security Q2 Earnings

Strattec Security (NASDAQ:STRT) reported its Q2 earnings results on Thursday, January 27, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Strattec Security beat estimated earnings by 31.82%, reporting an EPS of $0.87 versus an estimate of $0.66, which surprised analysts.

Revenue was up $14.45 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.67, which was followed by a 8.51% drop in the share price the next day.

Here's a look at Strattec Security's past performance:



Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021EPS Estimate 0.70 1.04 1.40 1.22EPS Actual 0.03 0.75 1.15 1.59Revenue Estimate 108.04M 122.73M 122.73M 118.97MRevenue Actual 100.34M 110.06M 121.64M 127.36M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.