NYSE$ST

Sensata Technologies Holding N.V. · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Sensata's Q1 2022 financial results were reported, demonstrating revenue above guidance due to strong outgrowth and acquisitions.

Sensata Technologies reported a 3.5% increase in revenue to $975.8 million in Q1 2022. The company's adjusted EPS was $0.78, and it initiated a quarterly dividend of $0.11 per share. They also announced the acquisition of Dynapower for $580 million.

  • Revenue increased by 3.5% to $975.8 million.
  • Adjusted earnings per share was $0.78.
  • Operating income was $125.9 million, or 12.9% of revenue.
  • Sensata repurchased approximately 1.1 million ordinary shares for $67.3 million.

Headline financials

Total Revenue

$976M

Previous: $943M+3.5%
EPS (adj)

$0.78

Previous: $0.86-9.3%
Operating Margin

12.9%

Previous: 16.7%-22.8%
Adjusted Operating Margin

18.7%

Previous: 21.0%-11.0%
Dividends Paid

$0.11

No prior period
Free Cash Flow

$22.4M

Previous: $53.7M-58.2%
Net Income

$22.4M

Previous: $53.7M-58.2%
Operating Income

$126M

Previous: $157M-20.0%
Gross Profit

$319M

Previous: $307M+3.7%
Cash & Equivalents

$1.61B

Previous: $1.89B-15.1%
Total Assets

$8.61B

Previous: $7.95B+8.4%
Stock-Based Comp

$6.54M

Previous: $5.1M+28.3%

Revenue & EPS history

Sensata · Revenue · Quarterly

$976M

Q1 2022+3.5%vs Q1 2021
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Forward guidance

For the second quarter of 2022, Sensata expects revenue of $990 to $1,030 million and adjusted EPS of $0.79 to $0.87. For the fiscal year 2022, they are maintaining their annual financial guidance calling for revenue of $4,175 to $4,275 million and adjusted EPS of $3.80 to $4.06.

Tailwinds

  • Revenue is expected to be between $990 million and $1,030 million for Q2 2022.
  • Adjusted EPS is projected to be between $0.79 and $0.87 for Q2 2022.
  • Annual revenue is expected to be between $4,175 million and $4,275 million.
  • Annual adjusted EPS is projected to be between $3.80 and $4.06.
  • Changes in foreign currency exchange rates will increase adjusted EPS by approximately $0.06 at the midpoint for fiscal year 2022.

Headwinds

  • Changes in foreign currency exchange rates will decrease revenue by approximately $21 million at the midpoint for fiscal year 2022.
  • Changes in foreign currency exchange rates will decrease revenue by approximately $8 million at the midpoint in the second quarter of 2022.
  • Organic growth is projected to be (2%) - 2% for Q2 2022.
  • Adjusted Operating Income is projected to be $186 - $198 for Q2 2022.
  • Adjusted Net Income is projected to be $125 - $137 for Q2 2022.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

-0.5%

Avg return

Earnings day

-0.5%

Avg return

5 days after

-0.6%

Avg return

30 days after

38%

25 / 65 earnings

Positive

+14.7%

Q4 2022

Best reaction

-11.3%

Q4 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.3%-1.0%+19.0%
Q4 2025+6.1%+4.7%-8.2%
Q3 2025+5.7%+3.2%+4.0%
Q1 2025+13.7%+23.7%+20.3%
Q4 2024+8.6%+14.5%+5.3%
Q3 2024-8.4%-4.0%-8.0%
Q2 2024-0.2%-5.2%-0.9%
Q1 2024+9.5%+14.6%+15.7%
Q4 2023-8.2%-8.8%-2.9%
Q3 2023-7.2%-4.8%-4.7%
Q2 2023-10.0%-9.5%-20.1%
Q1 2023-9.7%-9.2%-15.2%
Q4 2022+14.7%+16.2%+11.2%
Q3 2022-6.2%-3.1%+8.2%
Q2 2022-0.8%+1.2%-2.1%
Q1 2022-9.0%-6.8%-5.0%
Q4 2021-0.1%-3.6%-0.1%
Q3 2021-3.4%-2.8%+7.8%
Q2 2021+1.4%+5.6%+7.6%
Q1 2021-1.4%-3.8%-1.9%
Q4 2020-2.7%-4.5%+5.7%
Q3 2020-10.2%-9.4%+4.3%
Q2 2020-4.2%-9.1%-1.1%
Q1 2020-1.8%-10.3%-3.8%
Q4 2019+4.1%+2.2%-30.7%
Q3 2019-0.8%+2.3%-0.2%
Q2 2019-2.4%-5.3%-6.9%
Q1 2019+1.6%+1.3%-14.5%
Q4 2018-2.6%-2.6%+0.2%
Q3 2018+10.2%+12.6%+7.6%
Q2 2018+3.1%+6.0%+5.1%
Q1 2018-4.5%-4.9%-3.4%
Q4 2017-2.4%-5.2%-8.4%
Q3 2017-2.7%-1.8%-2.7%
Q2 2017+1.7%-0.3%-2.3%
Q1 2017-5.0%-3.7%-4.0%
Q4 2016-1.8%-3.3%-2.0%
Q3 2016-0.9%-4.4%+1.1%
Q2 2016+3.9%-0.4%+1.5%
Q1 2016+3.3%
Q4 2015-11.3%
Q3 2015+2.1%
Q2 2015-0.7%
Q1 2015-3.3%
Q4 2014-0.4%
Q3 2014+2.7%
Q2 2014-0.2%
Q1 2014-2.6%
Q4 2013+7.6%
Q3 2013-5.7%
Q2 2013-0.7%
Q1 2013+7.6%
Q4 2012-2.7%
Q3 2012-0.0%
Q2 2012+3.2%
Q1 2011+4.5%
Q1 2012+2.4%
Q4 2009-3.3%
Q1 2010-3.3%
Q4 2011-3.3%
Q3 2010-2.9%
Q3 2011-2.9%
Q2 2010+0.4%
Q4 2010+0.4%
Q2 2011+0.4%

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