Hyundai Mobis Launches ‘Parabolic Motion’ Glove Box, Engineered for Electric Vehicles

The advent of the ‘Parabolic Motion Glove Box,’ tailored for the increased interior space of electric vehicles…The first batch to be delivered to Kia EV9 Inspired by aircraft overhead bin, storage capacity is enhanced to over 8L, and user convenience features such as knee collision prevention are improved Addressing the future mobility market’s demand for… Continue reading Hyundai Mobis Launches ‘Parabolic Motion’ Glove Box, Engineered for Electric Vehicles

2 Top Dividend Stocks I Can’t Wait to Buy in August

TipRanks ‘Too Cheap to Ignore’: J.P. Morgan Says These 2 Stocks Under $10 Could Double Your Money Are markets headed for new record highs? That may seem counter-intuitive, but according to J.P. Morgan’s head of US market intelligence, Andrew Tyler, the tea leaves are indicating just such new heights for the S&P 500. Tyler notes… Continue reading 2 Top Dividend Stocks I Can’t Wait to Buy in August

Eaton PLC (ETN): A Modestly Overvalued Stock Worth Your Attention?

With a day’s gain of 4.35% and an Earnings Per Share (EPS) of 6.41, Eaton PLC (NYSE:ETN) has been gaining investor’s attention. But the question arises, is the stock modestly overvalued? In this analysis, we delve into Eaton PLC’s intrinsic value, financial strength, profitability, and growth to provide a comprehensive outlook. A Brief Introduction to… Continue reading Eaton PLC (ETN): A Modestly Overvalued Stock Worth Your Attention?

Eaton (ETN) Q2 Earnings & Revenues Beat, 2023 View Raised

Eaton Corporation ETN has reported second-quarter 2023 earnings of $2.21 per share, which surpassed the Zacks Consensus Estimate by 4.5%. Earnings grew 18.2% year over year. Second-quarter earnings surpassed the guidance of $2.04-$2.14 per share. GAAP earnings for the reported quarter were $1.86 per share compared with $1.50 in the year-ago quarter. The difference between… Continue reading Eaton (ETN) Q2 Earnings & Revenues Beat, 2023 View Raised

BorgWarner (BWA) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

BorgWarner (BWA) reported $4.52 billion in revenue for the quarter ended June 2023, representing a year-over-year increase of 20.2%. EPS of $1.35 for the same period compares to $1.05 a year ago. The reported revenue represents a surprise of +2.85% over the Zacks Consensus Estimate of $4.39 billion. With the consensus EPS estimate being $1.14,… Continue reading BorgWarner (BWA) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

BorgWarner Secures eHeater Business Uplift with Premium European OEM

800V 3kW high voltage coolant heater optimizes battery thermal management to increase battery performance and extend electric vehicle range Robust thick film element technology provides fast response and long product life AUBURN HILLS, Mich., Aug. 2, 2023 /PRNewswire/ — BorgWarner has been awarded additional high voltage coolant heater (HVCH) business with a premium European OEM… Continue reading BorgWarner Secures eHeater Business Uplift with Premium European OEM

BorgWarner to Deliver High Voltage Coolant Heaters to Global Automotive Supplier for Series of OEM EV Platforms

BorgWarner to supply a global automotive thermal and energy management solutions supplier with high voltage coolant heaters (HVCH) for use on a series of EV platforms produced by a major OEM HVCH regulates battery pack temperature and cabin heating in EV AUBURN HILLS, Mich., Aug. 2, 2023 /PRNewswire/ — BorgWarner has secured a contract with… Continue reading BorgWarner to Deliver High Voltage Coolant Heaters to Global Automotive Supplier for Series of OEM EV Platforms

Adient (ADNT) Reports Q3 Earnings: What Key Metrics Have to Say

Adient (ADNT) reported $4.06 billion in revenue for the quarter ended June 2023, representing a year-over-year increase of 16.4%. EPS of $0.98 for the same period compares to $0.08 a year ago. The reported revenue represents a surprise of +6.55% over the Zacks Consensus Estimate of $3.81 billion. With the consensus EPS estimate being $0.39,… Continue reading Adient (ADNT) Reports Q3 Earnings: What Key Metrics Have to Say

Adient (ADNT) Q3 Earnings and Revenues Beat Estimates

Adient (ADNT) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 151.28%. A quarter ago, it was expected that this… Continue reading Adient (ADNT) Q3 Earnings and Revenues Beat Estimates

Adient reports third quarter 2023 financial results and raises full-year guidance

PLYMOUTH, Mich., Aug. 2, 2023 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced its third quarter 2023 financial results. Q3 GAAP net income and EPS diluted of $73M and $0.77, respectively; Q3 Adj.-EPS diluted of $0.98 Q3 Adj.-EBITDA of $276M, up $133M y-o-y Gross debt and net debt totaled ~$2.5B and ~$1.6B, respectively,… Continue reading Adient reports third quarter 2023 financial results and raises full-year guidance