Sensata Technologies Reports Q4: Everything You Need To Know Ahead Of Earnings

Kayode Omotosho /
2022/01/31 5:12 pm EST
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Sensor manufacturer Sensata Technology (NYSE:ST) will be announcing earnings results tomorrow morning. Here's what to expect.

Last quarter Sensata Technologies reported revenues of $951 million, up 20.6% year on year, beating analyst revenue expectations by 2.28%. It was a slower quarter for the company, with a beat on the bottom line but an underwhelming revenue guidance for the next quarter.

Is Sensata Technologies buy or sell heading into the earnings? Read our full analysis here, it's free.

This quarter analysts are expecting Sensata Technologies's revenue to grow 3.67% year on year to $939.8 million, slowing down from the 7.36% year-over-year increase in revenue the company had recorded in the same quarter last year. Earnings are expected to come in at $0.87 per share.

Sensata Technologies Total Revenue

Majority of analysts covering the company have reconfirmed their estimates over the last thirty days, suggesting they are expecting the business to stay the course heading into the earnings. The company has a history of exceeding Wall St's expectations, beating revenue estimates every single time over the past two years on average by 2.62%.

Looking at Sensata Technologies's peers in the analog semiconductors segment, some of them have already reported Q4 earnings results, giving us a hint what we can expect. NXP Semiconductors's delivered top-line growth of 21.2% year on year, beating analyst estimates by 1.19% and Texas Instruments's reported revenues up 18.5% year on year, exceeding estimates by 9.05%. Texas Instruments was up 2.35%, NXP flat on the results. Read our full analysis of NXP Semiconductors's results here and Texas Instruments's results here.

The fears around raising interest rates have been putting pressure on tech stocks and while some of the analog semiconductors stocks have fared somewhat better, they have not been spared, with share price declining 0.66% since earnings, on average. Sensata Technologies is down 8.86% during the same time, and is heading into the earnings with with analyst price target of $70.8, compared to share price of $57.36.

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The author has no position in any of the stocks mentioned.