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Sensata: 3Q Earnings Snapshot

SWINDON, Britain (AP) _ Sensata Technologies Holding NV (ST) on Tuesday reported third-quarter profit of $149.1 million.

The Swindon, Britain-based company said it had profit of 88 cents per share. Earnings, adjusted for non-recurring costs, were 91 cents per share.

The results met Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of 91 cents per share.

The maker of sensing, electrical protection, control and power management products posted revenue of $873.6 million in the period, exceeding Street forecasts. Five analysts surveyed by Zacks expected $861.4 million.

For the current quarter ending in December, Sensata expects its per-share earnings to range from 97 cents to $1.01.

The company expects full-year earnings in the range of $3.66 to $3.70 per share.

Sensata shares have fallen 17 percent since the beginning of the year. The stock has decreased 14 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ST at https://www.zacks.com/ap/ST