BUZZ-Lumentum jumps after bright Q2 revenue forecast, Q1 results beat

Reuters

2025/11/05

BUZZ-Lumentum jumps after bright <a href="https://laohu8.com/S/QTWO">Q2</a> revenue forecast, Q1 results beat

** Shares of optical and photonic products maker Lumentum LITE.O jump 16.3% to $219.1 premarket

** LITE forecasts Q2 revenue in the range of $630 mln-$670 mln, above analysts' average estimate of $560.2 mln, according to data compiled by LSEG

** Reports Q1 revenue of $533.8 mln, beating estimates of $525.4 mln; adj. EPS of $1.1 also tops estimates

** At least two brokerages raise PT on stock post results

** 16 of 20 brokerages covering the stock rate it "buy" or higher and four "hold"; the median PT is $180

** As of last close, LITE shares have more than doubled in 2025

(Reporting by Shashwat Chauhan in Bengaluru)

((Shashwat.Chauhan@thomsonreuters.com))

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EPS of $1.1 also tops estimates </p><p>** At least two brokerages raise PT on stock post results </p><p>** 16 of 20 brokerages covering the stock rate it \"buy\" or higher and four \"hold\"; the median PT is $180</p><p>** As of last close, LITE shares have more than doubled in 2025</p><p>(Reporting by Shashwat Chauhan in Bengaluru)</p><p>((Shashwat.Chauhan@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0511384066.AUD","symbol_name":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251105:nL6N3WH0L7:1","article_id":"2581740799","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2581740799","pubTimestamp":1762338330,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Lumentum jumps after bright Q2 revenue forecast, Q1 results beat** Shares of optical and photonic products maker Lumentum LITE.O jump 16.3% to $219.1 premarket ** LITE forecasts Q2 revenue in the range of $630 mln-$670 mln, above analysts' average estimate of $560.2 mln, according to data compiled by LSEG ** Reports Q1 revenue of $533.8 mln, beating estimates of $525.4 mln; adj. 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EPS of $1.1 also tops estimates ** At least two brokerages raise PT on stock post results ** 16 of 20 brokerages covering the stock rate it \"buy\" or higher and four \"hold\"; the median PT is $180** As of last close, LITE shares have more than doubled in 2025(Reporting by Shashwat Chauhan in Bengaluru)((Shashwat.Chauhan@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}