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LITE
Benzinga
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Lumentum Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. Lumentum will report Q4 earnings on August 12, expected at 81 cents/share. 2. Projected revenue for Q4 is $469.92 million, up significantly from last year. 3. Lumentum shares fell 1.1% to $115.03 as of last close. 4. Analysts have raised price targets, indicating optimistic future outlook for LITE. 5. Expansion of semiconductor facility announced, potentially enhancing production capabilities.

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FAQ

Why Bullish?

Analysts predict strong earnings and revenue growth, reminiscent of previous positive earnings surprises.

How important is it?

The earnings report and analyst upgrades suggest strong investor interest and positive market sentiment.

Why Short Term?

Earnings results typically have immediate market reactions; Q4 results will likely influence stock price soon.

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