Aptiv PLC APTV reported better-than-expected third-quarter 2022 results. Adjusted earnings of $1.28 per share beat the Zacks Consensus Estimate by 23.1% and increased more than 100% on a year-over-year basis. The bottom line was hurt by the adverse impacts of pandemic lockdowns in China, continued global inflationary pressures and the worldwide semiconductor shortage. Revenues of $4.6… Continue reading Aptiv’s (APTV) Q3 Earnings Beat Estimates, Increase Y/Y
Author: Yarhow_Finance Online News
Adient (ADNT) Q4 Earnings and Revenues Surpass Estimates
Adient (ADNT) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to loss of $0.24 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 3.92%. A quarter ago, it was expected that this… Continue reading Adient (ADNT) Q4 Earnings and Revenues Surpass Estimates
Adient reports fourth quarter 2022 financial results
Company expects increased earnings, margin and free cash flow in FY23; Adient’s Board of Directors approves a $600M share repurchase program PLYMOUTH, Mich., Nov. 4, 2022 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced fourth quarter 2022 financial results. Q4 GAAP net income and EPS diluted of $45M and $0.47, respectively;… Continue reading Adient reports fourth quarter 2022 financial results
Goodyear’s (GT) Q3 Earnings Lag Estimates, Revenues Up Y/Y
Goodyear Tire GT reported third-quarter 2022 adjusted earnings per share of 40 cents, missing the Zacks Consensus Estimate of 61 cents. Lower-than-anticipated revenues and operating income in the Americas and EMEA segments, and lesser-than-expected sales in the Asia Pacific segment weighed on the results. The bottom line decreased 44.4% from the year-ago figure of 72… Continue reading Goodyear’s (GT) Q3 Earnings Lag Estimates, Revenues Up Y/Y
Why Shares in Goodyear Slumped 20% This Week
Shares in Goodyear Tire & Rubber (NASDAQ: GT) were down more than 20% on the week as of the market close on Thursday afternoon. Meanwhile, this was supposed to be the year when car production ramped up, and raw material cost inflation subsided for Goodyear. Raw material inflation continued to surge, and management now expects… Continue reading Why Shares in Goodyear Slumped 20% This Week
15 Biggest Electric Car Companies in the World
We will take a look at the 15 biggest electric car companies in the world. To skip our analysis of the recent market trends, you can go directly to see the 5 Biggest Electric Car Companies in the World. Adaptation and demand for electric vehicles has picked up in recent years with deteriorating climate conditions… Continue reading 15 Biggest Electric Car Companies in the World
Alibaba, JD.com, Nio extend rally in Chinese stocks amid continued hope for relaxing COVID rules
MarketWatch MGM Resorts reports surprise loss, stock drops Casino resort operator MGM Resorts International (MGM) reported a surprise loss for its third quarter, and shares fell 5% after hours on Wednesday following the results. The company reported a net loss of around $1.06 billion, or $1.45 per share, compared with a $1.34 billion profit, or… Continue reading Alibaba, JD.com, Nio extend rally in Chinese stocks amid continued hope for relaxing COVID rules
Berkshire Hathaway sells BYD stock
Reuters U.S. jobs picture mixed as Fed policymakers ponder rate-hike pivot Federal Reserve policymakers were provided only a few signs of encouragement on Friday as new data showed another month of robust U.S. job gains, underscoring concerns their campaign to hike interest rates to bring down high inflation has yet to really bite in the… Continue reading Berkshire Hathaway sells BYD stock
Why Fisker Shares Dropped Then Rebounded Today
Motley Fool Better Buy: Microsoft vs. Alphabet Tech giants Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Microsoft (NASDAQ: MSFT) were among the companies that posted disappointing quarterly results and saw their stock prices subsequently plunge. With powerful brands such as Windows, Office, Android, and Google between them, Alphabet and Microsoft have had unquestionable impacts on consumer… Continue reading Why Fisker Shares Dropped Then Rebounded Today
Fisker’s Stock Is Dropping. Don’t Blame Its Results.
Motley Fool Why Upstart, SoFi, and Lemonade Plunged Today Shares of newly public fintech companies Upstart Holdings (NASDAQ: UPST), SoFi Technology (NASDAQ: SOFI), and Lemonade (NYSE: LMND) were plunging today, down 5.2%, 9.3%, and 3.1%, respectively, as of 1:25 p.m. ET. It wasn’t a good first half of the trading day for growth stocks in general,… Continue reading Fisker’s Stock Is Dropping. Don’t Blame Its Results.