Loading...
•
Sep 30, 2022
Sensata Q3 2022 Earnings Report
Sensata's Q3 2022 financial performance showcased solid results, driven by strong market outgrowth, improving markets, and growth from M&A, despite foreign exchange and inventory headwinds.
Key Takeaways
Sensata Technologies reported a 7.1% increase in revenue to $1,018.3 million for Q3 2022 compared to $951.0 million in Q3 2021. Operating income increased by 56.8% to $252.9 million. Earnings per share increased by 71.7% to $0.91, while adjusted earnings per share decreased slightly by (2.3%) to $0.85.
Revenue increased by 7.1% to $1,018.3 million compared to Q3 2021.
Operating income increased by 56.8% to $252.9 million compared to Q3 2021.
Earnings per share increased by 71.7% to $0.91 compared to Q3 2021.
Adjusted earnings per share decreased slightly by (2.3%) to $0.85 compared to Q3 2021.
Sensata
Sensata
Sensata Revenue by Segment
Sensata Revenue by Geographic Location
Revenue by Segment
Performance Sensing Revenue
CapyFin.comSensing Solutions Revenue
CapyFin.comRevenue by Geographic Location
Americas Revenue
CapyFin.comEurope Revenue
CapyFin.comAsia/Rest of World Revenue
CapyFin.com Forward Guidance
For the fourth quarter of 2022, Sensata expects revenue of $980 to $1,020 million and adjusted EPS of $0.85 to $0.91.
Positive Outlook
- Revenue growth expected between 5% and 9% compared to Q4 2021.
- Organic revenue growth expected between 7% and 11%.
- Adjusted operating income expected between $193 million and $205 million.
- Adjusted net income expected between $130 million and $140 million.
- Adjusted EPS expected between $0.85 and $0.91.
Challenges Ahead
- Changes in foreign currency exchange rates are expected to decrease revenue by approximately $41 million at the midpoint.
- Changes in foreign currency exchange rates are expected to decrease adjusted EPS by approximately $0.11 at the midpoint.
- Adjusted operating income is expected to be (2%) - 4% compared to Q4 2021.
- Adjusted net income is expected to be (7%) - 1% compared to Q4 2021.
- Adjusted EPS is expected to be (2%) - 5% compared to Q4 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income