NYSE$ST

Sensata Technologies Holding N.V. · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

Sensata's results aligned with guidance, reflecting commitment to deliver during the transition to widespread Electrification.

Sensata Technologies reported third quarter 2023 financial results in line with guidance. Revenue was $1,001.3 million, a decrease of 1.7% compared to the third quarter of 2022. Earnings per share was $0.41, a decrease of 54.9% compared to the third quarter of 2022. Adjusted earnings per share was $0.91, an increase of 7.1% compared to the third quarter of 2022.

  • Revenue was $1,001.3 million, a decrease of 1.7% compared to the third quarter of 2022.
  • Operating income was $116.3 million, or 11.6% of revenue, a decrease of 54.0% compared to the third quarter of 2022.
  • Earnings per share was $0.41, a decrease of 54.9% compared to earnings per share of $0.91 in the third quarter of 2022.
  • Adjusted earnings per share was $0.91, an increase of 7.1% compared to adjusted earnings per share of $0.85 in the third quarter of 2022.

Headline financials

Total Revenue

$1B

Previous: $1.02B-1.7%
EPS (adj)

$0.91

Previous: $0.85+7.1%
Operating Margin

11.6%

Previous: 24.8%-53.2%
Adjusted Operating Margin

19.1%

Previous: 19.4%-1.5%
Dividends Paid

$18.3M

Previous: $17M+7.6%
Capital Expenditures

-$52.1M

No prior period
Free Cash Flow

$62.8M

Previous: $140M-55.2%
Net Income

$62.8M

Previous: $140M-55.2%
Operating Income

$116M

Previous: $253M-54.0%
Gross Profit

$313M

Previous: $324M-3.2%
Cash & Equivalents

$890M

Previous: $1.1B-19.4%
Total Assets

$8.39B

Previous: $8.71B-3.7%
R&D Expense

$45.4M

No prior period
Stock-Based Comp

$6.85M

Previous: $8.44M-18.9%

Revenue & EPS history

Sensata · Revenue · Quarterly

$1B

Q3 2023-1.7%vs Q3 2022
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

For the fourth quarter of 2023, Sensata expects revenue of $950 to $1,000 million and adjusted EPS of $0.79 to $0.89.

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 2023

Historical avgQ3 2023

-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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