Benzinga | Aug 11, 2020 07:34AM EDT

Lumentum Holdings Q4 Adj. EPS $1.18 Beats $0.82 Estimate, Sales $368.10M Beat $349.21M Estimate

Lumentum Holdings (NASDAQ:LITE) reported quarterly earnings of $1.18 per share which beat the analyst consensus estimate of $0.82 by 43.9 percent. This is a 28.26 percent increase over earnings of $0.92 per share from the same period last year. The company reported quarterly sales of $368.10 million which beat the analyst consensus estimate of $349.21 million by 5.41 percent. This is a 9.02 percent decrease over sales of $404.60 million the same period last year.