NYSE$ST

Sensata Technologies Holding N.V. · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Sensata's Q3 2022 financial performance showcased solid results, driven by strong market outgrowth, improving markets, and growth from M&A, despite foreign exchange and inventory headwinds.

Sensata Technologies reported a 7.1% increase in revenue to $1,018.3 million for Q3 2022 compared to $951.0 million in Q3 2021. Operating income increased by 56.8% to $252.9 million. Earnings per share increased by 71.7% to $0.91, while adjusted earnings per share decreased slightly by (2.3%) to $0.85.

  • Revenue increased by 7.1% to $1,018.3 million compared to Q3 2021.
  • Operating income increased by 56.8% to $252.9 million compared to Q3 2021.
  • Earnings per share increased by 71.7% to $0.91 compared to Q3 2021.
  • Adjusted earnings per share decreased slightly by (2.3%) to $0.85 compared to Q3 2021.

Headline financials

Total Revenue

$1.02B

Previous: $951M+7.1%
EPS (adj)

$0.85

Previous: $0.87-2.3%
Operating Margin

24.8%

Previous: 17.0%+45.9%
Adjusted Operating Margin

19.4%

Previous: 21.1%-8.1%
Dividends Paid

$17M

No prior period
Free Cash Flow

$140M

Previous: $85M+65.1%
Net Income

$140M

Previous: $85M+65.1%
Operating Income

$253M

Previous: $161M+56.8%
Gross Profit

$324M

Previous: $322M+0.5%
Cash & Equivalents

$1.1B

Previous: $1.96B-43.6%
Total Assets

$8.71B

Previous: $8.5B+2.4%
Stock-Based Comp

$8.44M

Previous: $7.4M+14.1%

Revenue & EPS history

Sensata · Revenue · Quarterly

$1.02B

Q3 2022+7.1%vs Q3 2021
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

For the fourth quarter of 2022, Sensata expects revenue of $980 to $1,020 million and adjusted EPS of $0.85 to $0.91.

Tailwinds

  • Revenue growth expected between 5% and 9% compared to Q4 2021.
  • Organic revenue growth expected between 7% and 11%.
  • Adjusted operating income expected between $193 million and $205 million.
  • Adjusted net income expected between $130 million and $140 million.
  • Adjusted EPS expected between $0.85 and $0.91.

Headwinds

  • Changes in foreign currency exchange rates are expected to decrease revenue by approximately $41 million at the midpoint.
  • Changes in foreign currency exchange rates are expected to decrease adjusted EPS by approximately $0.11 at the midpoint.
  • Adjusted operating income is expected to be (2%) - 4% compared to Q4 2021.
  • Adjusted net income is expected to be (7%) - 1% compared to Q4 2021.
  • Adjusted EPS is expected to be (2%) - 5% compared to Q4 2021.

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 Q3 2022

Historical avgQ3 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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