Sensata: 4Q Earnings Snapshot

Sensata: 4Q Earnings Snapshot

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SWINDON, Britain (AP) _ Sensata Technologies Holding NV (ST) on Wednesday reported fourth-quarter earnings of $254.1 million.

On a per-share basis, the Swindon, Britain-based company said it had net income of $1.54. Earnings, adjusted for one-time gains and costs, were 95 cents per share.

The results did not meet Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 99 cents per share.

The maker of sensing, electrical protection, control and power management products posted revenue of $847.9 million in the period, also missing Street forecasts. Six analysts surveyed by Zacks expected $866.9 million.

For the year, the company reported profit of $599 million, or $3.53 per share. Revenue was reported as $3.52 billion.

For the current quarter ending in April, Sensata expects its per-share earnings to range from 83 cents to 87 cents.

The company said it expects revenue in the range of $840 million to $864 million for the fiscal first quarter.

Sensata expects full-year earnings in the range of $3.94 to $4.10 per share, with revenue ranging from $3.58 billion to $3.68 billion.

Sensata shares have climbed 7 percent since the beginning of the year. The stock has fallen 8 percent in the last 12 months.

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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

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