Lumentum Holdings Inc. (NASDAQ:LITE – Get Free Report) shares were up 8.9% on Tuesday . Lumentum Earnings Expected to GrowAnalysts and Zacks expect Lumentum’s upcoming quarterly report to show continued earnings growth and identify conditions that could support an earnings beat. Zacks Research cut Lumentum from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Lumentum in a research report on Friday, July 17th. Lumentum Price PerformanceThe firm has a market cap of $66.09 billion, a price-to-earnings ratio of 157.31 and a beta of 1.50.