+0.45 (+0.71%) TodayNov 4, 11:43 AM ET
Strattec Security Corp designs automotive access company that designs and delivers safe, secure, and engineered access solutions for the automotive and mobility markets. Built on generations of access and security engineering expertise, partner closely with OEMs to create differentiated, system level access experiences for end consumers. Its product portfolio spans the access journey from Permission, enabling secure vehicle entry through advanced mechanical and electronic systems; to Motion, delivering effortless, reliable powered access that enhances everyday usability; and through to Hold, providing precision engineered latching solutions.
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Zacks Investment Research
Strattec Security (STRT) Q1 Earnings Beat EstimatesStrattec Security reported quarterly earnings of $1.85 per share, beating consensus estimates of $1.38 by 34%, though revenues of $147.2 million missed expectations by 2.01%. The stock has underperformed the market by 16% year-to-date and carries a Zacks Rank #3 (Hold) rating. The automotive industry outlook remains weak, ranking in the bottom 16% of industries.
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