Oshkosh Corporation OSK reported first-quarter 2023 adjusted earnings of $1.59 per share, beating the Zacks Consensus Estimate of $1. The outperformance can be largely attributed to higher-than-expected sales and profits from the Access segment. The bottom line also rocketed 488% from 27 cents recorded in the year-ago period. In the quarter under review, consolidated net sales… Continue reading Oshkosh (OSK) Q1 Earnings Beat on Solid Access Unit Results
Author: Yarhow_Finance Online News
Allison (ALSN) Beats on Q1 Earnings, Upgrades 2023 Forecast
Allison Transmission Holdings ALSN posted first-quarter 2023 earnings of $1.85 a share, which rose 42% year over year and topped the Zacks Consensus Estimate of $1.52 owing to higher-than-anticipated sales from North America On-Highway, North America Off-Highway and Service Parts, Support Equipment & Other end markets. Quarterly revenues of $741 million grew 9% from the year-ago… Continue reading Allison (ALSN) Beats on Q1 Earnings, Upgrades 2023 Forecast
Aptiv (APTV) Q1 Earnings Beat Estimates, Increase Y/Y
Aptiv PLC APTV reported better-than-expected first-quarter 2023 results. Adjusted earnings of 91 cents per share beat the Zacks Consensus Estimate by 2.3% and matched our estimate. The bottom line increased 44.4% year over year. Revenues of $4.8 billion surpassed the Zacks Consensus Estimate by 6.4% and our estimate by 7.4%. The top line increased 15.3% year… Continue reading Aptiv (APTV) Q1 Earnings Beat Estimates, Increase Y/Y
GOODYEAR REPORTS FIRST QUARTER 2023 FINANCIAL RESULTS
AKRON, Ohio, May 4, 2023 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) today reported results for the first quarter 2023 in an Investor Letter published to its investor relations website: http://investor.goodyear.com. The Goodyear Tire & Rubber Company, Akron, Ohio, USA. (PRNewsFoto/Goodyear Tire & Rubber Company) The Company will host an investor call… Continue reading GOODYEAR REPORTS FIRST QUARTER 2023 FINANCIAL RESULTS
GWM Designer Unlocks Secrets Behind “ORA EGG Aesthetic of Life”
BAODING, China, May 5, 2023 /PRNewswire/ — GWM unveiled multiple highly-anticipated new energy vehicles at the Auto Shanghai 2023. What are the highlights of these models in terms of design? After the press conference, Andrew Dyson, GWM’s VP of Design, talked about the design philosophy and future development of GWM’s next-generation models, taking GWM ORA… Continue reading GWM Designer Unlocks Secrets Behind “ORA EGG Aesthetic of Life”
Sonic (SAH) Q1 Earnings Miss on Lower Wholesale Vehicle Sales
Sonic Automotive, Inc. SAH registered first-quarter 2023 adjusted earnings per share of $1.33, missing the Zacks Consensus Estimate of $1.84. Lower-than-expected sales from the wholesale vehicle segment led to the underperformance. Also, the bottom line fell 43% from the $2.33 per share reported in the year-ago quarter. Total revenues amounted to $3,491.2 million, marking an… Continue reading Sonic (SAH) Q1 Earnings Miss on Lower Wholesale Vehicle Sales
Harley-Davidson (HOG) Q1 Earnings Beat Estimates, Rise Y/Y
Harley-Davidson, Inc. HOG reported first-quarter 2023 adjusted earnings of $2.04 per share, beating the Zacks Consensus Estimate of $1.42. Higher-than-anticipated revenues from the motorcycles & related products and Financial Services segments resulted in the outperformance. The bottom line also shot up 41% from the $1.45 per share reported in the year-ago quarter. The motorcycle manufacturer… Continue reading Harley-Davidson (HOG) Q1 Earnings Beat Estimates, Rise Y/Y
Dana Incorporated to Participate in Oppenheimer’s 18th Annual Industrial Growth Conference
MAUMEE, Ohio, May 4, 2023 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today it will participate in Oppenheimer’s 18th Annual Industrial Growth Conference on May 9, 2023. Beginning at 2:15 p.m. EDT, Dana’s senior management will provide a brief overview of the company and answer questions for approximately 40 minutes. Dana Incorporated logo. (PRNewsFoto/Dana Incorporated)… Continue reading Dana Incorporated to Participate in Oppenheimer’s 18th Annual Industrial Growth Conference
BorgWarner (BWA) Reports Q1 Earnings: What Key Metrics Have to Say
For the quarter ended March 2023, BorgWarner (BWA) reported revenue of $4.18 billion, up 7.9% over the same period last year. EPS came in at $1.09, compared to $1.05 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $4.21 billion, representing a surprise of -0.80%. The company delivered an EPS… Continue reading BorgWarner (BWA) Reports Q1 Earnings: What Key Metrics Have to Say
BorgWarner to Provide Battery Packs for Electric Buses to Global Power Technology Company
BorgWarner’s ultra-high energy battery packs provide active cooling and deliver industry-leading energy density Packs feature state-of-the-art safety elements that satisfy strict industry standards Production of packs kicked off in March 2023 AUBURN HILLS, Mich., May 4, 2023 /PRNewswire/ — BorgWarner has been selected by a global power technology leader to supply battery packs for a… Continue reading BorgWarner to Provide Battery Packs for Electric Buses to Global Power Technology Company