Strattec Security Corp projected to see net income plunge approximately 38%
STRT Strattec Security Corp
$60.47 +0.93%
View chart & analysis → - 1Analysts' revenue estimates are approximately $150.2 million.
- 2Strattec Security Corp earnings show a projected net income decrease of 38%.
- 3Management indicated that production from three major customers will decrease by approximately 6%.
So what's the key point?
Strattec Security Corp's profits are expected to decrease by 38 percent. The company's earnings are expected to fall because major customers are producing fewer goods.
Source Earnings Whispers · View original ↗
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