TipRanks 2 “Strong Buy” AI Stocks Trading Under $5 Unless you’ve been living under a rock recently, you might have heard of this thing called ChatGPT, the chatbot hogging the headlines. Powered by artificial intelligence (AI), its potential to have an impact on everything from education to law to coding to journalism, amongst many other… Continue reading BorgWarner stock rallies after analyst pounds the table, saying its an ‘indirect play on EV growth’
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BorgWarner’s (BWA) Q4 Earnings Surpass Estimates, Rise Y/Y
BorgWarner Inc. BWA reported adjusted earnings of $1.26 per share for fourth-quarter 2022, up from $1.06 recorded in the prior-year quarter. The bottom line also beat the Zacks Consensus Estimate of $1.04 per share. Higher-than-anticipated revenues across e-Propulsion & Drivetrain, Fuel-System and Aftermarket segments resulted in the outperformance. The automotive equipment supplier reported net sales… Continue reading BorgWarner’s (BWA) Q4 Earnings Surpass Estimates, Rise Y/Y
Adient (ADNT) Q1 Earnings Miss on Poor EMEA Unit Results
Adient ADNT reported adjusted earnings per share of 34 cents for the first quarter of fiscal 2023, lagging the Zacks Consensus Estimate of 40 cents. The underperformance largely stemmed from lower-than-anticipated sales and profits from the EMEA segment. The bottom line, however, reversed from the year-ago loss of 38 cents per share. In the reported quarter,… Continue reading Adient (ADNT) Q1 Earnings Miss on Poor EMEA Unit Results
Adient (ADNT) Q1 Earnings Miss on Poor EMEA Unit Results
Adient ADNT reported adjusted earnings per share of 34 cents for the first quarter of fiscal 2023, lagging the Zacks Consensus Estimate of 40 cents. The underperformance largely stemmed from lower-than-anticipated sales and profits from the EMEA segment. The bottom line, however, reversed from the year-ago loss of 38 cents per share. In the reported quarter,… Continue reading Adient (ADNT) Q1 Earnings Miss on Poor EMEA Unit Results
Global Media Group Thumbs up for GWM New Energy Products in Australia
BAODING, China, Feb. 10, 2023 /PRNewswire/ — Recently, GWM, one of the largest automobile manufacturers in China, unveiled its latest new energy products at its global media test drive event in Australia. At the conference of the event, the director in charge of GWM Australia systematically introduced to the media GWM’s determination to develop the… Continue reading Global Media Group Thumbs up for GWM New Energy Products in Australia
Eaton (ETN) Surpasses Q4 Earnings and Revenue Estimates
Eaton Corporation ETN has reported fourth-quarter 2022 earnings of $2.06 per share, which surpassed the Zacks Consensus Estimate by 0.9%. Earnings were up 20% year over year. GAAP earnings for the reported quarter were $1.8 per share compared with $1.37 in the year-ago quarter. The difference between GAAP and operating earnings for the reported quarter… Continue reading Eaton (ETN) Surpasses Q4 Earnings and Revenue Estimates
Here’s What Key Metrics Tell Us About BorgWarner (BWA) Q4 Earnings
For the quarter ended December 2022, BorgWarner (BWA) reported revenue of $4.11 billion, up 12.4% over the same period last year. EPS came in at $1.26, compared to $1.06 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $3.89 billion, representing a surprise of +5.56%. The company delivered an EPS… Continue reading Here’s What Key Metrics Tell Us About BorgWarner (BWA) Q4 Earnings
BorgWarner Expands Silicon Carbide Inverter Business with Major Global OEM
800V inverter technology offers ideal scalability, superior efficiency and high power density Builds upon 400V inverter business with the automaker SOP is 2025 for battery electric vehicle (BEV) platforms AUBURN HILLS, Mich., Feb. 9, 2023 /PRNewswire/ — BorgWarner is building upon its current 400V inverter business with a major global OEM by now also supplying 800V… Continue reading BorgWarner Expands Silicon Carbide Inverter Business with Major Global OEM
BorgWarner (BWA) Q4 Earnings and Revenues Beat Estimates
BorgWarner (BWA) came out with quarterly earnings of $1.26 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $1.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 21.15%. A quarter ago, it was expected that this… Continue reading BorgWarner (BWA) Q4 Earnings and Revenues Beat Estimates
Adient plc (NYSE:ADNT) Q1 2023 Earnings Call Transcript
Adient plc (NYSE:ADNT) Q1 2023 Earnings Call Transcript February 7, 2023 Operator: Welcome to the Adient First Quarter Fiscal Year 2023 Earnings Call. Today’s conference is being recorded. If have any objections, you may disconnect at this time. I would now like to turn the conference over to your host, Mark Oswald. Thank you. Mark… Continue reading Adient plc (NYSE:ADNT) Q1 2023 Earnings Call Transcript