Sensata Technologies Stock Soars 14.87% on Strong Q1 Earnings

Generado por agente de IAAinvest Movers Radar
viernes, 9 de mayo de 2025, 5:05 am ET1 min de lectura
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Sensata Technologies' stock surged 14.87% in pre-market trading on May 9, 2025, driven by strong first-quarter earnings and positive guidance for the upcoming quarter.

Sensata Technologies reported Q1 2025 revenue of $911.3 million, surpassing estimates of $880.89 million despite a 9.5% year-over-year decline. The company's adjusted earnings per share (EPS) of $0.78 exceeded midpoint guidance by $0.07, contributing to the stock's positive momentum.

The company's guidance for the fiscal second quarter, projecting revenue between $910 million and $940 million, further bolstered investor confidence. This outlook, combined with the better-than-expected Q1 results, has positioned SensataST-- Technologies favorably in the market.

Analysts had anticipated a revenue decline of 12.5% year over year, but the actual results showed a smaller decrease, indicating resilience in the company's operations. The positive earnings call and the company's ability to surpass revenue expectations have been key drivers of the stock's recent performance.

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