Author: Yarhow_Finance Online News

Lear: Q4 Earnings Snapshot

SOUTHFIELD, Mich. (AP) — SOUTHFIELD, Mich. (AP) — Lear Corp. (LEA) on Thursday reported fourth-quarter earnings of $88.1 million. On a per-share basis, the Southfield, Michigan-based company said it had profit of $1.61. Earnings, adjusted for non-recurring costs and restructuring costs, were $2.94 per share. The results beat Wall Street expectations. The average estimate of… Continue reading Lear: Q4 Earnings Snapshot

Lear price target lowered to $99 from $106 at Wells Fargo

https://www.tipranks.com/news/the-fly/mcdonalds-price-target-raised-to-346-from-342-at-loop-capital Wells Fargo lowered the firm’s price target on Lear (LEA) to $99 from $106 and keeps an Equal Weight rating on the shares. The firm is also updating 2024-2028 estimates to reflect lower global LVP. Wells is now about 4% below consensus sales and about 6% below consensus on EBIT/DA. After a challenging 2024,… Continue reading Lear price target lowered to $99 from $106 at Wells Fargo

Lear Shares Shrink 4% Since Q3 Earnings Beat Expectations

Shares of Lear Corp. LEA fell 4% since it reported its third-quarter 2024 results. The company reported adjusted earnings per share of $2.89, which increased from $2.87 recorded in the year-ago quarter and beat the Zacks Consensus Estimate of $2.57. In the reported quarter, revenues decreased 3% year over year to $5.58 billion but surpassed… Continue reading Lear Shares Shrink 4% Since Q3 Earnings Beat Expectations

Eaton sees 2025 profit above estimates on AI-led data center demand

(Reuters) – Eaton Corporation on Friday forecast 2025 adjusted profit above Wall Street estimates, expecting demand for electrical equipment to remain strong due to an artificial intelligence-related data center boom. Global appetite for data centers has increased as companies race to develop and adopt artificial intelligence, benefiting electrical equipment makers like Eaton. Shares of the… Continue reading Eaton sees 2025 profit above estimates on AI-led data center demand

Eaton: Q4 Earnings Snapshot

DUBLIN (AP) — DUBLIN (AP) — Eaton Corp. PLC (ETN) on Friday reported fourth-quarter net income of $971 million. On a per-share basis, the Dublin-based company said it had profit of $2.45. Earnings, adjusted for amortization costs and restructuring costs, were $2.83 per share. The results beat Wall Street expectations. The average estimate of 10… Continue reading Eaton: Q4 Earnings Snapshot

Here is What to Know Beyond Why Eaton Corporation, PLC (ETN) is a Trending Stock

Eaton (ETN) has recently been on Zacks.com’s list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock’s performance in the near future. Over the past month, shares of this power management company have returned -10.5%, compared to the Zacks S&P 500 composite’s -2.8%… Continue reading Here is What to Know Beyond Why Eaton Corporation, PLC (ETN) is a Trending Stock

UK Car Parts Maker Dowlais Agrees to $1.2 Billion Merger With American Axel

(Bloomberg) — American Axle & Manufacturing Holdings Inc., a maker of drivetrain components, has agreed to combine with UK peer Dowlais Group Plc in a transatlantic automotive deal. Most Read from Bloomberg A cash-and-share deal valued at about £1.16 billion ($1.44 billion) represents a premium of around 25% to Dowlais’ Jan. 28 closing share price,… Continue reading UK Car Parts Maker Dowlais Agrees to $1.2 Billion Merger With American Axel

Dana price target raised to $10 from $7 at Wells Fargo

https://www.tipranks.com/news/the-fly/suncar-technology-announces-integration-of-its-cloud-service-with-deepseek Wells Fargo raised the firm’s price target on Dana (DAN) to $10 from $7 and keeps an Underweight rating on the shares. The firm is also updating 2024-2028 estimates to reflect lower global LVP. Wells is now about 4% below consensus sales and about 6% below consensus on EBIT/DA. After a challenging 2024, 2025… Continue reading Dana price target raised to $10 from $7 at Wells Fargo

Dana price target lowered to $14 from $16 at JPMorgan

JPMorgan lowered the firm’s price target on Dana (DAN) to $14 from $16 and keeps an Overweight rating on the shares. The firm reduced estimates following the company’s “mixed” Q3 report. The firm says Dana spoke of softening end market demand impacting both Q4 and continuing into 2025. Published first on TheFly – the ultimate… Continue reading Dana price target lowered to $14 from $16 at JPMorgan