Lumentum Holdings Inc. (NASDAQ:LITE) reported earnings of $0.39 per share beating Walls Streets expectations.

ME Staff
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Lumentum Holdings Inc. (NASDAQ:LITE) reported Q4 2017 earnings this Morning, coming in at $0.39 per share, beating Wall Street’s estimates of $0.21 per Share. Revenue for the quarter came in at $222.70 million missing the streets estimates of $229.45 million

Analyst Coverage For Lumentum Holdings Inc. (NASDAQ:LITE)
These are 1 Sell Rating, 5 Hold Ratings, 7 Buy Ratings, 1 Strong Buy Rating .
The current consensus rating for Lumentum Holdings Inc. (NASDAQ:LITE) is Buy (Score: 2.57) with a consensus target price of $59.23 , a potential (0.03% downside)

Recent Insider Trading for Lumentum Holdings Inc. (NASDAQ:LITE)

  • On 5/23/2017 Alan S Lowe, CEO, sold 1,085 with an average share price of $58.15 per share and the total transaction amounting to $63,092.75.
  • On 5/23/2017 Vincent Retort, COO, sold 805 with an average share price of $58.15 per share and the total transaction amounting to $46,810.75.
  • On 5/17/2017 Aaron Tachibana, CFO, sold 1,521 with an average share price of $54.40 per share and the total transaction amounting to $82,742.40.
  • On 5/17/2017 Alan S Lowe, CEO, sold 5,954 with an average share price of $54.29 per share and the total transaction amounting to $323,242.66.
  • On 5/17/2017 Judy G Hamel, General Counsel, sold 419 with an average share price of $54.40 per share and the total transaction amounting to $22,793.60.
  • On 5/17/2017 Vincent Retort, COO, sold 2,029 with an average share price of $54.26 per share and the total transaction amounting to $110,093.54.



    Recent Trading for Lumentum Holdings Inc. (NASDAQ:LITE)
    Shares of Lumentum Holdings Inc. closed the previous trading session at 58.16 down -1.09 -1.84% with 3,532,835 shares trading hands.