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LITE Lumentum Holdings Forecast, Technical & Fundamental Analysis

a provider of optical and photonic products

LITE
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LITE
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A.I. Advisor
published Earnings

LITE is expected to report earnings to rise 56.39% to 28 cents per share on February 06

Lumentum Holdings LITE Stock Earnings Reports
Q4'24
Est.
$0.28
Q3'24
Beat
by $0.06
Q2'24
Beat
by $0.04
Q1'24
Beat
by $0.03
Q4'23
Beat
by $0.01
The last earnings report on November 07 showed earnings per share of 18 cents, beating the estimate of 11 cents. With 1.74M shares outstanding, the current market capitalization sits at 3.19B.
A.I. Advisor
published General Information

General Information

a provider of optical and photonic products

Industry TelecommunicationsEquipment

Profile
Fundamentals
Details
Industry
Telecommunications Equipment
Address
1001 Ridder Park Drive
Phone
+1 408 546-5483
Employees
7500
Web
https://www.lumentum.com
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LITE and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, LITE has been loosely correlated with CIEN. These tickers have moved in lockstep 49% of the time. This A.I.-generated data suggests there is some statistical probability that if LITE jumps, then CIEN could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To LITE
1D Price
Change %
LITE100%
+1.63%
CIEN - LITE
49%
Loosely correlated
+0.66%
VIAV - LITE
44%
Loosely correlated
-0.78%
ZBRA - LITE
42%
Loosely correlated
-0.61%
AAOI - LITE
40%
Loosely correlated
-4.48%
DGII - LITE
37%
Loosely correlated
-1.99%
More

Groups containing LITE

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To LITE
1D Price
Change %
LITE100%
+1.63%
telecommunication equipment
theme (34 stocks)
64%
Loosely correlated
-0.14%
Telecommunications Equipment
theme (96 stocks)
62%
Loosely correlated
-0.14%
3d printing
theme (23 stocks)
56%
Loosely correlated
-2.10%