ST Earnings Prediction
The chart below shows how ST performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ST sees a +3.96% change in stock price 10 days leading up to the earnings, and a +2.71% change 10 days following the report. On the earnings day itself, the stock moves by -2.67%. This data can give you a slight idea of what to expect for the next quarter's release.
ST Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
982.83M
-1.84%
-5.09%
Gross Margin
24.08%
-11.79%
-8.34%
Operating Margin
29.86%
66.54%
100.54%
Net Margin
-2.55%
-140.67%
-136.85%
EPS
-0.17
-141.46%
-136.17%
No Data Available
ST Earnings Analysis
Sensata Technologies Holding plc Corporation (ST.N) Earnings Conference Call
Positive
Revenue Decline Analysis: During the third quarter, we reported revenue of approximately $983 million, compared to revenue of $1 billion in the third quarter of 2023, a decrease of about 2%.
Operating Income Improvement: Adjusted operating income was $188 million, representing a margin of 19.2%, which was an improvement of 20 basis points sequentially from the second quarter of 2024.
Consistent Margin Expansion: This is our third consecutive quarter of delivering adjusted operating margin expansion and is in line with our expectations to deliver margin expansion each quarter this year.
Fourth Quarter Revenue Projection: We expect revenue to be in the range of $870 million to $900 million in the fourth quarter, which represents an approximate $100 million decrease sequentially from our third quarter revenue.
Quarterly Dividend Announcement: We announced our quarterly Q4 dividend of $0.12 per share payable to shareholders of record as of November 13th.
Negative
Revenue Decline Analysis: Revenue decreased to approximately $983 million for Q3 2024 compared to $1 billion in Q3 2023, a decrease of about 2%.
Operating Income Decline: Adjusted operating income was $188 million, representing a margin of 19.2%, which was a decline from the previous year.
Non-Cash Charge Impact: The company recorded a non-cash charge of approximately $150 million related to the Dynapower acquisition in the quarter.
Insights Business Sale Loss: There was a loss of approximately $110 million on the sale of the Insights business, impacting overall financial results.
Market Decline Forecast: The automotive and heavy vehicle off-road markets decreased by approximately 5% year-over-year, with further erosion likely in Q4.
ST FAQs
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ST Earning Call Sentiment
Sensata Technologies Holding plc (ST) Q3 2024 Earnings Call Transcript
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00:00
00:00
ST.N
-1.6%Positive
The earnings call reveals several concerning factors: declining revenue and EPS, significant goodwill impairment, competitive pressures in China, and supply chain issues. Despite some positive elements like dividend payments and share repurchases, the overall sentiment is negative due to market volatility, regulatory challenges, and economic factors impacting growth. The Q&A section underscores uncertainties, particularly regarding production assumptions and market conditions. Without a clear market cap, the negative sentiment is likely to result in a stock price decline of -2% to -8% over the next two weeks.
