From Investing.com: 2024-04-28 08:01:06

Sensor manufacturer Sensata Technologies (NYSE:ST) will be revealing earnings results, with last quarter’s revenue at $992.5 million, down 2.2% from last year. Analysts predict a 1.2% revenue decline totaling $986.3 million this quarter, with EPS expected at $0.85. Market sentiment has been bearish, with multiple downward revenue revisions recently.

Peers like Texas Instruments and Impinj have already reported declines in revenues, though they exceeded analyst expectations. Despite market volatility, Sensata Technologies is down 4.1% in the past month, with an average analyst price target of $43.2. This earnings announcement will be closely watched to see if the company can defy expectations.



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