Lumentum FQ1 2023 Earnings Preview

• Lumentum (NASDAQ:LITE) is scheduled to announce FQ1 earnings results on Monday, November 7th, after market close.
• The consensus EPS Estimate is $1.56 (+15500.0% Y/Y) and the consensus Revenue Estimate is $497.59M (+494.5% Y/Y).
• Over the last 2 years, LITE has beaten EPS estimates 88% of the time and has beaten revenue estimates 88% of the time.
• Over the last 3 months, EPS estimates have seen 1 upward revision and 10 downward. Revenue estimates have seen 7 upward revisions and 2 downward.