Sensata Tech. Q4 Profit Up - Quick Facts

(RTTNews) - Sensata Technologies Holding N.V. (ST), a maker of sensors and controls for automotives, Tuesday reported a rise in fourth-quarter 2014 net income to $69.5 million, or $0.41 per share, from $67.1 million, or $0.38 per share, last year.

For the fourth quarter 2014, adjusted net income was $97.7 million, or $0.57 per share. On average, 14 analysts polled by Thomson-Reuters were looking for earnings of $1.52 per share for the quarter. Analysts' estimates typically exclude one-time items. Integration charges related to acquisitions were $15.9 million in the fourth quarter of 2014.

Net revenue for the fourth quarter 2014 was $705.3 million, an increase of $200.2 million, or 39.7%, from net revenue for the fourth quarter 2013 of $505.0 million. Analysts expected revenue of $694.46 million for the quarter.

For the full year 2015, the company anticipates net revenue of $2.985 billion to $3.145 billion which, at the midpoint, represents growth of 27.2% compared to the full year 2014 net revenue of $2.41 billion. In addition, the firm expects adjusted net income of $481 million to $521 million, or $2.80 to $3.04 per share for 2015.