NYSE$ST

Sensata Technologies Holding N.V. · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Sensata's Q3 2024 core operating results demonstrated early positive returns from strategic efforts.

Sensata Technologies reported a revenue of $982.8 million for Q3 2024, a decrease of 1.8% compared to Q3 2023. The company's adjusted EPS was $0.86, a decrease of 5.5% compared to the previous year. Sensata generated free cash flow of $91.3 million and ended the quarter with $506.2 million of cash on hand.

  • Revenue was $982.8 million, a decrease of 1.8% compared to Q3 2023.
  • Operating loss was $199.2 million, compared to operating income of $116.3 million in Q3 2023.
  • Adjusted earnings per share was $0.86, a decrease of 5.5% compared to Q3 2023.
  • Generated free cash flow of $91.3 million and ended the quarter with $506.2 million of cash on hand.

Headline financials

Total Revenue

$983M

Previous: $1B-1.8%
EPS

-$0.17

Previous: $0.91-118.7%
Operating Margin

17.5%

Previous: 11.6%+50.9%
Adjusted Operating Margin

19.0%

Previous: 19.1%-0.5%
Dividends Paid

$30M

Previous: $18.3M+63.9%
Adjusted EBITDA

$250M

No prior period
Capital Expenditures

-$41.2M

Previous: -$52.1M+20.8%
Free Cash Flow

-$25M

Previous: $62.8M-139.9%
Net Income

-$25M

Previous: $62.8M-139.9%
Operating Income

-$199M

Previous: $116M-271.4%
Gross Profit

$281M

Previous: $313M-10.2%
Cash & Equivalents

$506M

Previous: $890M-43.1%
Total Assets

$7.31B

Previous: $8.39B-12.8%
R&D Expense

$42.7M

Previous: $45.4M-6.1%
Stock-Based Comp

$15.4M

Previous: $6.85M+125.6%

Revenue & EPS history

Sensata · Revenue · Quarterly

$983M

Q3 2024-1.8%vs Q3 2023
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Forward guidance

For the fourth quarter of 2024, Sensata expects revenue of $870 to $900 million and adjusted EPS of $0.71 to $0.76.

Headwinds

  • Sale of Insights business in the third quarter of 2024 (approximately $50 million)
  • Incremental exits of underperforming products (approximately $20 million)
  • Reduced production expectations in automotive and heavy vehicle (approximately $30 million)

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 2024

Historical avgQ3 2024

-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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