For the quarter ended September 2023, Aptiv PLC (APTV) reported revenue of $5.11 billion, up 10.8% over the same period last year. EPS came in at $1.30, compared to $1.28 in the year-ago quarter. The reported revenue represents a surprise of +2.47% over the Zacks Consensus Estimate of $4.99 billion. With the consensus EPS estimate… Continue reading Compared to Estimates, Aptiv PLC (APTV) Q3 Earnings: A Look at Key Metrics
Author: Yarhow_Finance Online News
UPDATE 2-Aptiv tops Q3 expectations, warns of $180 mln UAW strike impact
(Adds comparison with analyst estimates, background and details throughout) Nov 2 (Reuters) – Aptiv beat third-quarter estimates on Thursday, on sustained demand for auto parts and supplies, but it warned of a $180 million sales hit in 2023 from the United Auto Workers (UAW) union strike against the Detroit Three automakers. The auto parts supplier… Continue reading UPDATE 2-Aptiv tops Q3 expectations, warns of $180 mln UAW strike impact
BYD Outperformed Tesla While Li Auto And XPeng Revealed Delivery Records
On October 30th, Tesla Inc (NASDAQ: TSLA) rival, BYD Company Limited (OTC: BYDDY), reported its highest ever quarterly profit for its third quarter. BYD shares are up 1.7% this month, outperforming Tesla whose stock took a 17% dive and declines in other peers as well. By reporting a growth slowdown, a warning was sent to all EV… Continue reading BYD Outperformed Tesla While Li Auto And XPeng Revealed Delivery Records
3 Companies Elon Musk Should Have Bought Instead of Twitter
Elon Musk is perhaps one of the most influential businessmen of our generation. From Tesla (NASDAQ:TSLA) to SpaceX and many other disruptive businesses, Elon Musk has transformed certain industries and made his mark on how the future economy will be shaped. However, his most recent $44 billion purchase of Twitter in October 2022 has been… Continue reading 3 Companies Elon Musk Should Have Bought Instead of Twitter
Linamar Completes Acquisition of Mobex Assets
GUELPH, ON, Nov. 1, 2023 /CNW/ – Linamar Corporation (TSX: LNR) today announced that its previously announced acquisition of Mobex has been completed. The deal was initially announced on September 21st for Linamar Structures USA Inc.to acquire a substantial porition of Mobex Fourth and 1, LLC’s US-based assets for $64M USD. Linamar Corporation (CNW Group/Linamar… Continue reading Linamar Completes Acquisition of Mobex Assets
Eaton Corporation plc (NYSE:ETN) Q3 2023 Earnings Call Transcript
Eaton Corporation plc (NYSE:ETN) Q3 2023 Earnings Call Transcript October 31, 2023 Eaton Corporation plc misses on earnings expectations. Reported EPS is $2.22 EPS, expectations were $2.34. Operator: [Abrupt Start] Conference Call. [Operator Instructions] And as a reminder, today’s conference is being recorded. I would now like to turn the conference over to your host,… Continue reading Eaton Corporation plc (NYSE:ETN) Q3 2023 Earnings Call Transcript
Why Eaton Shares Were on the Rise Today
Shares of industrial giant Eaton (NYSE: ETN) were on the rise Tuesday, up as much as 4.7% before settling into a 3.5% gain as of 12:25 p.m. ET. Ireland-based Eaton is a diversified industrial giant, but extremely well positioned for the clean infrastructure build-out in the U.S. While it has a broad portfolio, the company’s… Continue reading Why Eaton Shares Were on the Rise Today
Eaton (ETN) Q3 Earnings Beat Estimates, 2023 Guidance Raised
Eaton Corporation ETN has reported third-quarter 2023 earnings of $2.47 per share, which surpassed the Zacks Consensus Estimate by 5.6%. The bottom line increased by 22.3% year over year and beat the guidance of $2.27-$2.37 per share. GAAP earnings for the reported quarter were $2.22 per share compared with $1.52 in the year-ago quarter. The… Continue reading Eaton (ETN) Q3 Earnings Beat Estimates, 2023 Guidance Raised
Is a Surprise Coming for Aptiv (APTV) This Earnings Season?
Investors are always looking for stocks that are poised to beat at earnings season and Aptiv PLC APTV may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Aptiv is seeing favorable earnings estimate revision activity as of late,… Continue reading Is a Surprise Coming for Aptiv (APTV) This Earnings Season?
J.P. Morgan Sees at Least 60% Gains in These 2 ‘Strong Buy’ Stocks — Here’s Why They Could Soar
“The world is changing: I feel it in the water, in the earth, and in the air,” wrote Tolkien of the aftermath of the War of the Ring. We’re not living in an epic fiction, but change is definitely in the air. Our world is shifting towards a more chaotic multi-polar geopolitical reality, and economies… Continue reading J.P. Morgan Sees at Least 60% Gains in These 2 ‘Strong Buy’ Stocks — Here’s Why They Could Soar