Latest news with #LITE
Yahoo
a day ago
- Business
- Yahoo
Will Lumentum (LITE) Beat Estimates Again in Its Next Earnings Report?
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Lumentum (LITE), which belongs to the Zacks Communication - Components industry, could be a great candidate to consider. When looking at the last two reports, this optical networking products maker has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 13.76%, on average, in the last two quarters. For the last reported quarter, Lumentum came out with earnings of $0.57 per share versus the Zacks Consensus Estimate of $0.5 per share, representing a surprise of 14.00%. For the previous quarter, the company was expected to post earnings of $0.37 per share and it actually produced earnings of $0.42 per share, delivering a surprise of 13.51%. Price and EPS Surprise For Lumentum, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Lumentum has an Earnings ESP of +8.73% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #1 (Strong Buy), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on August 12, 2025. Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric. Many companies end up beating the consensus EPS estimate, but that may not be the sole basis for their stocks moving higher. On the other hand, some stocks may hold their ground even if they end up missing the consensus estimate. Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lumentum Holdings Inc. (LITE) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
30-06-2025
- Business
- Yahoo
Should You Buy Lumentum (LITE) After Golden Cross?
Lumentum Holdings Inc. (LITE) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, LITE's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross." There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer-term moving average. Typically, a golden cross involves the 50-day and the 200-day moving averages, since bigger time periods tend to form stronger breakouts. There are three stages to a golden cross. First, there must be a downtrend in a stock's price that eventually bottoms out. Then, the stock's shorter moving average crosses over its longer moving average, triggering a positive trend reversal. The third stage is when a stock continues the upward momentum to higher prices. This kind of chart pattern is the opposite of a death cross, which is a technical event that suggests future bearish price movement. LITE has rallied 31.1% over the past four weeks, and the company is a #3 (Hold) on the Zacks Rank at the moment. This combination indicates LITE could be poised for a breakout. Once investors consider LITE's positive earnings outlook for the current quarter, the bullish case only solidifies. No earnings estimate has gone lower in the past two months compared to 8 revisions higher, and the Zacks Consensus Estimate has increased as well. Investors should think about putting LITE on their watchlist given the ultra-important technical indicator and positive move in earnings estimates. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Lumentum Holdings Inc. (LITE) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Associated Press
25-06-2025
- Entertainment
- Associated Press
Voices for Humanity Ignites a Revolution for Learning with Eva Rehorova
LOS ANGELES, Calif., June 25, 2025 (SEND2PRESS NEWSWIRE) — Scientology Network's VOICES FOR HUMANITY, the weekly series presenting heroic change makers from a variety of faiths, cultures and nations, working to uplift their communities, announces a new episode featuring educator Eva Rehorova. VOICES FOR HUMANITY airs Wednesdays at 8 p.m. ET/PT on Scientology Network. Among European nations, the Czech Republic ranks fourth-worst in English language skills. Eva Rehorova viewed learning English as a necessity to prospering in the post-communist economy. Now, her award-winning English language schools are helping tens of thousands of Czech citizens attain the proficiency they need to succeed. ABOUT EVA REHOROVA Eva Rehorova was born in a mountainous town in the Czech Republic and lived on the campus of the school where her family worked. After the country's Velvet Revolution brought down communism, foreign companies poured in and suddenly, having strong English language skills—the de facto language of business—became the foundation for a newfound hope to live better lives. She taught herself English, then moved to the country's capital, Prague, where she saw others struggling and giving up their dreams of achieving success in their careers. After discovering L. Ron Hubbard's Study Technology, she understood its potential to help Czechs overcome the barriers to learning a new language and went on to become instrumental in setting up the Life Improvement Through Education (LITE) schools. LITE is now the number one English language school in the country and has successfully taught English to over 50,000 people using the tools of Study Technology. Eva Rehorova is the Executive Director of the Life Improvement Through Education English schools in the Czech Republic. ABOUT THE SCIENTOLOGY NETWORK: The Scientology Network debuted on March 12, 2018. Since launching, the Scientology Network has been viewed in over 240 countries and territories worldwide in 17 languages. Satisfying the curiosity of people about Scientology, the network takes viewers across six continents, spotlighting the everyday lives of Scientologists; showing the Church as a global organization; and presenting its social betterment programs that have touched the lives of millions worldwide. The network also showcases documentaries by independent filmmakers who represent a cross section of cultures and faiths but share a common purpose of uplifting communities. Scientology Network's innovative content has been recognized with more than 125 industry awards, including Tellys, Communitas and Hermes Creative Awards. Broadcast from Scientology Media Productions, the Church's global media center in Los Angeles, the Scientology Network is available on DIRECTV Channel 320, DIRECTV STREAM, AT&T U-verse and can be streamed at on mobile apps and via the Roku, Amazon Fire and Apple TV platforms. CONTACT: Media Relations [email protected] MULTIMEDIA: Photo link for media: Photo Caption: Eva Rehorova, Executive Director of Life Improvement Through Education (LITE), stands at the forefront of a learning revolution in the Czech Republic. Her award-winning English language schools, utilizing L. Ron Hubbard's Study Technology, have empowered over 50,000 Czech citizens to achieve proficiency in English, opening doors to success in the post-communist economy. (Photo courtesy of Scientology Network). NEWS SOURCE: Church of Scientology International Keywords: Religion and Churches, Voices for Humanity, Scientology Network, Learning, Eva Rehorova, Life Improvement Through Education, Czech Republic, proficiency in English, LOS ANGELES, Calif. This press release was issued on behalf of the news source (Church of Scientology International) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P127155 APNF0325A To view the original version, visit: © 2025 Send2Press® Newswire, a press release distribution service, Calif., USA. RIGHTS GRANTED FOR REPRODUCTION IN WHOLE OR IN PART BY ANY LEGITIMATE MEDIA OUTLET - SUCH AS NEWSPAPER, BROADCAST OR TRADE PERIODICAL. MAY NOT BE USED ON ANY NON-MEDIA WEBSITE PROMOTING PR OR MARKETING SERVICES OR CONTENT DEVELOPMENT. Disclaimer: This press release content was not created by nor issued by the Associated Press (AP). Content below is unrelated to this news story.
Globe and Mail
23-06-2025
- Business
- Globe and Mail
Implied Volatility Surging for Lumentum Stock Options
Investors in Lumentum Holdings Inc. LITE need to pay close attention to the stock based on moves in the options market lately. That is because the Jul 18, 2025 $115.00 Put had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. What do the Analysts Think? Clearly, options traders are pricing in a big move for Lumentum share, but what is the fundamental picture for the company? Currently, Lumentum is a Zacks Rank #3 (Hold) in the Communication - Components Industry that ranks in the Bottom 22% of our Zacks Industry Rank. Over the last 60 days, six analysts have increased their estimates for the current quarter, while none have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter to move from 65 cents per share to 81 cents in the same time period. Given the way analysts feel about Lumentum right now, this huge implied volatility could mean there's a trade developing. Often times, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. Looking to Trade Options? Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%. Free: See Our Top Stock And 4 Runners Up Lumentum Holdings Inc. (LITE): Free Stock Analysis Report
Yahoo
24-04-2025
- Business
- Yahoo
Lumentum Holdings Inc. (LITE): Among Billionaire George Soros' Small-Cap Stocks with Huge Upside Potential
We recently published a list of . In this article, we are going to take a look at where Lumentum Holdings Inc. (NASDAQ:LITE) stands against Billionaire George Soros' other small-cap stocks with huge upside potential. When a legendary investor like George Soros makes a move, Wall Street pays attention. However, most of the limelight is taken by mega-cap stocks, with no one paying heed to the many small-cap stocks that form an important part of Soros' portfolio. Digging out these small-cap stocks is important. In some cases, these are the mega-cap stocks of the future. In other cases, these provide amazing returns in a very short period of time. The key is to get in early. And what better way to get in early than to do it when the big guys do. We therefore decided to compile a list of stocks in billionaire George Soros' portfolio that have the most upside. To come up with our list of billionaire George Soros' 10 Small-Cap stocks with huge upside potential, we first looked at his top 50 stock holdings. We then filtered out the companies to look at only the ones with a market cap below $10 billion. After arriving at his top small-cap holdings list, we then looked at the median analyst price targets on those stocks and then ranked them by their upside potential. A close-up of a technician calibrating a laser beam. Lumentum Holdings Inc. (NASDAQ:LITE) is a manufacturer and seller of photonic and optical products. It operates in the Industrial Tech and Cloud & Networking segments. The company provides tunable small form-factor pluggable transceivers, high-speed transceivers, coherent dense wavelength division multiplexing pluggable transceivers, and other products. According to the median analyst price target, the stock still has an upside of 69.44%. The investment firm Jefferies started coverage of Lumentum last month. Jefferies assigned a Buy rating to the stock, lowering its price target from $110 to $100. Analysts expect substantial growth in data centers, powered by AI's need for faster interconnect speeds. This will boost demand for networking solutions. Lumentum Holdings (NASDAQ:LITE) also confirmed its target of reaching $500 million in quarterly revenue by the end of 2025, fueled by cloud and AI market trends. For Q3 2025, growth is anticipated in Cloud and Networking products. However, Industrial Tech revenue is projected to decline. Management expects Q3 revenue to be in the range of $410 million and $425 million. The firm predicts demand expansion for EML chips in 2026 and plans to extend capacity to meet high demand. Overall, LITE ranks 4th on our list of billionaire George Soros' small-cap stocks with huge upside potential. While we acknowledge the potential of LITE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than LITE but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
