Author: Yarhow_Finance Online News

Eaton Third Quarter 2024 Earnings: In Line With Expectations

Revenue: US$6.35b (up 7.9% from 3Q 2023). Net income: US$1.01b (up 13% from 3Q 2023). Profit margin: 16% (in line with 3Q 2023). EPS: US$2.54 (up from US$2.23 in 3Q 2023). earnings-and-revenue-growth All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings… Continue reading Eaton Third Quarter 2024 Earnings: In Line With Expectations

Eaton Corp PLC (ETN) Q3 2024 Earnings Call Highlights: Record EPS and Strong Backlog Amid Challenges

Adjusted EPS: $2.84, up 15% from prior year, an all-time record. Segment Margins: 24.3%, up 70 basis points from last year. Revenue: $6.3 billion, up 8% both in total and organically. Operating Cash Flow: $1.3 billion, up 15% year-over-year. Free Cash Flow: $1.1 billion, up 23% versus prior year. Electrical Americas Organic Sales Growth: 14%,… Continue reading Eaton Corp PLC (ETN) Q3 2024 Earnings Call Highlights: Record EPS and Strong Backlog Amid Challenges

Decoding Eaton Corp PLC (ETN): A Strategic SWOT Insight

Robust financial performance with increasing net sales and net income. Strategic acquisitions enhancing market position and product offerings. Challenges in the eMobility segment with OEM delays and weaker demand. Active management of business portfolio aligning with power management strategies. On October 31, 2024, Eaton Corp PLC (NYSE:ETN), a global industrial powerhouse, released its 10-Q filing,… Continue reading Decoding Eaton Corp PLC (ETN): A Strategic SWOT Insight

Dana Third Quarter 2024 Earnings: Misses Expectations

Revenue: US$2.48b (down 7.2% from 3Q 2023). Net income: US$4.00m (down 79% from 3Q 2023). Profit margin: 0.2% (down from 0.7% in 3Q 2023). EPS: US$0.028 (down from US$0.13 in 3Q 2023). earnings-and-revenue-growth All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 3.6%. Earnings… Continue reading Dana Third Quarter 2024 Earnings: Misses Expectations

BorgWarner Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Revenue: US$3.45b (down 4.8% from 3Q 2023). Net income: US$242.0m (up 178% from 3Q 2023). Profit margin: 7.0% (up from 2.4% in 3Q 2023). The increase in margin was driven by lower expenses. EPS: US$1.09 (up from US$0.37 in 3Q 2023). earnings-and-revenue-growth All figures shown in the chart above are for the trailing 12 month… Continue reading BorgWarner Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

BorgWarner Inc (BWA) Q3 2024 Earnings Call Highlights: Strong Margins and Strategic Wins Amid …

Organic Sales: $3.4 billion, down 5% year-over-year. Market Outperformance: Outgrew market by 270 basis points year-to-date. Operating Margin: 10.1%, up 50 basis points from last year. Earnings Per Share (EPS): $1.09, $0.11 higher than prior year. Free Cash Flow: $201 million in Q3. Share Repurchase: Completed $400 million repurchase for 2024. Full Year Sales Guidance:… Continue reading BorgWarner Inc (BWA) Q3 2024 Earnings Call Highlights: Strong Margins and Strategic Wins Amid …

Q3 2024 Borgwarner Inc Earnings Call

On your telephone keypad.If you would like to remove your, please press the star two.If you’re using a speakerphone, please pickup the handset before asking your question.I would now like to turn the call over to Patrick Nolan, Vice President and President of Investor Relations.Mr. Nolan, you may begin your conference.Badger, Tony, and good morning,… Continue reading Q3 2024 Borgwarner Inc Earnings Call

Aptiv Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Revenue: US$4.85b (down 5.1% from 3Q 2023). Net income: US$363.0m (down 78% from 3Q 2023). Profit margin: 7.5% (down from 32% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. EPS: US$1.48 (down from US$5.76 in 3Q 2023). earnings-and-revenue-growth All figures shown in the chart above are for the trailing 12… Continue reading Aptiv Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Aptiv PLC (APTV) Q3 2024 Earnings Call Highlights: Record EPS Amid Revenue Decline

Revenue: $4.9 billion, down 6% year-over-year. Operating Income: $593 million, with a margin increase of 120 basis points. EPS: Record quarterly earnings per share of $1.83, up 41% from the prior year. EBITDA: $778 million, with margins expanding by 180 basis points. Operating Cash Flow: $499 million. Capital Expenditures: $173 million. New Business Bookings: $3.6… Continue reading Aptiv PLC (APTV) Q3 2024 Earnings Call Highlights: Record EPS Amid Revenue Decline