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Sensata Technologies's (NYSE:ST) Q1 Sales Top Estimates, Stock Soars

Sensor manufacturer Sensata Technology (NYSE:ST) reported Q1 CY2024 results beating Wall Street analysts' expectations, with revenue flat year on year at $1.01 billion. The company expects next quarter's revenue to be around $1.04 billion, in line with analysts' estimates. It made a non-GAAP profit of $0.89 per share, down from its profit of $0.92 per share in the same quarter last year.

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Why Is Sensata Technologies (ST) Stock Soaring Today

Shares of sensor manufacturer Sensata Technology (NYSE:ST) jumped 5.5% in the pre-market session after Oppenheimer analyst Christopher Glynn upgraded the stock's rating from Perform (Hold) to Outperform (Buy) and assigned a price target of $50. The new price target represents a potential 35% upside from where shares traded when the upgrade was announced.

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No Surprises In Sensata Technologies's (NYSE:ST) Q3 Sales Numbers But Quarterly Guidance Underwhelms

Sensor manufacturer Sensata Technology (NYSE:ST) in Q3 FY2023, with revenue down 1.67% year on year to $1 billion. However, next quarter's revenue guidance of…

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What To Expect From Sensata Technologies's (ST) Q3 Earnings

Sensor manufacturer Sensata Technology (NYSE:ST) will be reporting results. Here's what you need to know. Last quarter Sensata Technologies reported revenues…

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Sensata Technologies (NYSE:ST) Surprises With Q2 Sales But Quarterly Guidance Underwhelms

Sensor manufacturer Sensata Technology (NYSE:ST) reported Q2 FY2023 results , with revenue up 4.07% year on year to $1.06 billion. However, next quarter's…

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Sensata Technologies (ST) Stock Trades Down, Here Is Why

Shares of sensor manufacturer Sensata Technology (NYSE:ST) fell 5.79% in the morning session after the company reported first-quarter revenue and earnings per…

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Sensata Technologies (ST) Q1 Earnings Report Preview: What To Look For

Sensor manufacturer Sensata Technology (NYSE:ST) will be reporting earnings tomorrow before market hours. Here's what investors should know. Last quarter…

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