Autoliv (ALV) Q2 Earnings Beat on Airbags Unit Strength

Autoliv Inc. ALV reported second-quarter 2023 adjusted earnings of $1.93 per share, beating the Zacks Consensus Estimate of $1.45 and rocketing 115% year over year. Higher-than-expected revenues from the Airbags and Associated Products segment led to the outperformance. The company reported net sales of $2,635 million in the quarter, which topped the Zacks Consensus Estimate of… Continue reading Autoliv (ALV) Q2 Earnings Beat on Airbags Unit Strength

Why Adient (ADNT) is a Top Momentum Stock for the Long-Term

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike. Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores,… Continue reading Why Adient (ADNT) is a Top Momentum Stock for the Long-Term

Tesla Is Lapping Germany’s Automakers in the Global EV Race

(Bloomberg) — Germany’s automakers announced bold plans the last several years to shift to electric cars and challenge Tesla Inc.’s dominance. Instead, they’re only falling further behind. Most Read from Bloomberg Tesla delivered almost 890,000 cars in the first half of this year, more electric vehicles than Volkswagen AG, BMW AG, Mercedes-Benz Group AG and… Continue reading Tesla Is Lapping Germany’s Automakers in the Global EV Race

India Blocks $1 Billion Bid By China’s BYD to Set Up EV Factory

(Bloomberg) — India rejected Chinese carmaker BYD Co.’s proposal to build a $1 billion electric-vehicle plant in partnership with a local company, according to people with knowledge of the matter. Most Read from Bloomberg The Indian government dismissed the plan from BYD and Hyderabad-based Megha Engineering and Infrastructures Ltd. on national security concerns, the people… Continue reading India Blocks $1 Billion Bid By China’s BYD to Set Up EV Factory

Ford, Nio Turn To This Soaring Stock To Make Premium EVs Safer

From Ford (F) to Nio (NIO), carmakers across the globe are trying to make cars safer as well as electric and high-tech. Autoliv (ALV) underpins that shared goal. The Sweden-based safety products and systems supplier to many global automakers reported Friday that earnings per share more than doubled in the second quarter, after doubling in… Continue reading Ford, Nio Turn To This Soaring Stock To Make Premium EVs Safer

Why Autoliv Stock Jumped Today

Shares of Autoliv (NYSE: ALV), a global provider of automotive safety systems, jumped as much as 11.3% Friday morning after the company announced record quarterly sales with its second-quarter report. Autoliv reported net year-over-year sales growth of 27% in the second quarter thanks to increases in volume and improved pricing. The quarter set records for… Continue reading Why Autoliv Stock Jumped Today

What’s in the Offing for Waste Management (WM) in Q2 Earnings?

The Waste Management, Inc. WM is scheduled to release its second-quarter 2023 results on Jul 25, after market close. WM has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in three of the four trailing quarters and missing on one instance. The average surprise is 1.6%. Q2 Expectations The Zacks Consensus Estimate… Continue reading What’s in the Offing for Waste Management (WM) in Q2 Earnings?

Ford (F) Gears up to Report Q2 Earnings: Here’s What to Expect

Ford Motor Compay F is slated to release second-quarter 2023 results on Jul 27, after the closing bell. The Zacks Consensus Estimate for the quarter’s earnings is pegged at 48 cents a share. The bottom-line projection implies a year-over-year decline of 29.41%. The Zacks Consensus Estimate for Ford’s second-quarter earnings per share has moved north… Continue reading Ford (F) Gears up to Report Q2 Earnings: Here’s What to Expect