Eaton (ETN) Beats Q1 Earnings and Sales Estimates, Ups View

Eaton Corporation ETN has reported first-quarter 2023 earnings of $1.88 per share, which surpassed the Zacks Consensus Estimate by 5.6%. Earnings grew 16% year over year. First-quarter earnings surpassed the guidance of $1.72-$1.82 per share. GAAP earnings for the reported quarter were $1.59 per share compared with $1.33 in the year-ago quarter. The difference between… Continue reading Eaton (ETN) Beats Q1 Earnings and Sales Estimates, Ups View

Where the Rubber Reads the Road: Tire Makers Aim for Real-Time Data Streams for Autonomous Vehicles

Reuters Ford cuts prices of Mustang Mach-E after Tesla moves WASHINGTON (Reuters) -Ford Motor Co is cutting prices on its Mustang Mach-E electric vehicle and reopening orders, the No. 2 U.S. automaker said on Tuesday, the second time has reduced prices this year after a series of price cuts by rival Tesla Inc. Ford said… Continue reading Where the Rubber Reads the Road: Tire Makers Aim for Real-Time Data Streams for Autonomous Vehicles

Autoliv presents new safety innovations at Auto Shanghai 2023

SHANGHAI, May 3, 2023 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, presented several new safety solutions at the Shanghai Automobile Industry Exhibition 2023. The new safety solutions include an integrated cockpit, a zero-gravity seat, and the Star steering wheel. The new products are designed to provide safety, comfort,… Continue reading Autoliv presents new safety innovations at Auto Shanghai 2023

Autoliv, Inc. (NYSE:ALV) Q1 2023 Earnings Call Transcript

Autoliv, Inc. (NYSE:ALV) Q1 2023 Earnings Call Transcript April 21, 2023 Anders Trapp Thank you, Rafiya. Welcome everyone to our first quarter 2023 earnings call. On this call, we have our President and CEO, Mikael Bratt; and our Chief Financial Officer, Fredrik Westin, and [indiscernible] I am the, VP of Investor Relations.During today’s earnings call,… Continue reading Autoliv, Inc. (NYSE:ALV) Q1 2023 Earnings Call Transcript

10 Best Auto Parts Stocks to Buy Now

In this article, we will take a look at the 5 best auto parts stocks to buy now. If you want to explore similar stocks, you can also take a look at 5 Best Auto Parts Stocks to Buy Now. The auto industry is facing unprecedented challenges and changes, such as rising demand for electric… Continue reading 10 Best Auto Parts Stocks to Buy Now

Aptiv (APTV) to Report Q1 Earnings: What’s in the Offing?

AptivPLC APTV is set to report its first-quarter 2023 results on May 4, before the bell. The company’s earnings surprise history hasn’t been impressive. It has a trailing four-quarter average negative earnings surprise of 8.7%. Aptiv PLC Price and EPS Surprise Aptiv PLC Price and EPS Surprise Aptiv PLC price-eps-surprise | Aptiv PLC Quote Q1 Expectations The… Continue reading Aptiv (APTV) to Report Q1 Earnings: What’s in the Offing?

APi Group (APG) Gears Up for Q1 Earnings: Here’s What to Expect

APi Group Inc. APG is scheduled to report its first-quarter 2023 results on May 4, before the opening bell. The company has an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate in all the trailing four quarters, delivering an earnings surprise of 4.6% on average. Expectations This Time Around The Zacks Consensus Estimate for… Continue reading APi Group (APG) Gears Up for Q1 Earnings: Here’s What to Expect

Here’s What Key Metrics Tell Us About Adient (ADNT) Q2 Earnings

For the quarter ended March 2023, Adient (ADNT) reported revenue of $3.91 billion, up 11.6% over the same period last year. EPS came in at $0.32, compared to -$0.13 in the year-ago quarter. The reported revenue represents a surprise of +5.24% over the Zacks Consensus Estimate of $3.72 billion. With the consensus EPS estimate being… Continue reading Here’s What Key Metrics Tell Us About Adient (ADNT) Q2 Earnings

Adient (ADNT) Lags Q2 Earnings Estimates

Adient (ADNT) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to loss of $0.13 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -21.95%. A quarter ago, it was expected that this… Continue reading Adient (ADNT) Lags Q2 Earnings Estimates

Adient reports second quarter 2023 financial results; reaffirms FY2023 outlook

PLYMOUTH, Mich., May 3, 2023 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced its second quarter 2023 financial results. Q2 GAAP net income and EPS diluted of $(15)M and $(0.16), respectively; Q2 Adj.-EPS diluted of $0.32 Q2 Adj.-EBITDA of $215M, up $56M y-o-y Gross debt and net debt totaled $2.5B… Continue reading Adient reports second quarter 2023 financial results; reaffirms FY2023 outlook