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Strattec Security: Fiscal 1Q Earnings Snapshot

AP News by AP News
October 22, 2020
in AP WI News Feed
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MILWAUKEE (AP) _ Strattec Security Corp. (STRT) on Thursday reported fiscal first-quarter profit of $8 million.

The Milwaukee-based company said it had profit of $2.11 per share. Earnings, adjusted for pretax gains, came to $1.93 per share.

The maker of automotive locks and keys posted revenue of $126.2 million in the period.

Strattec Security shares have climbed nearly 5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $23.25, a rise of 19% 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 STRT at https://www.zacks.com/ap/STRT

Copyright by Automated Insights, Inc. All rights reserved.

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