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Sensata Analysts Boost Their Forecasts After Upbeat Earnings

Sensata Technologies Holding plc (NYSE:ST) reported stronger-than-expected results for its first quarter on Monday. Sensata posted adjusted earnings of 89 cents per share, beating market estimates of 85 cents per share. The company's quarterly sales came in at $1.007 billion, topping expectations of $986.521 million, according to data from Benzinga Pro. “We are pleased to report a solid start to 2024, with first quarter revenue and adjusted operating margins towards the high end of our guidance range,” said Jeff Cote, CEO and President of Sensata. “We are the trusted ...