Penske Automotive PAG is slated to release fourth-quarter 2022 results on Feb 8, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings per share and revenues is pegged at $4.03 and $6.38 billion, respectively. The auto retailer came up with better-than-anticipated results in the last reported quarter on higher-than-expected gross profit in the Retail… Continue reading Can Penske (PAG) Please Investors This Earnings Season?
Author: Yarhow_Finance Online News
Earnings Preview: BorgWarner (BWA) Q4 Earnings Expected to Decline
Wall Street expects a year-over-year decline in earnings on higher revenues when BorgWarner (BWA) reports results for the quarter ended December 2022. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The… Continue reading Earnings Preview: BorgWarner (BWA) Q4 Earnings Expected to Decline
Here’s Why Nio and Ford Could Be 2023’s Top EV Growth Stocks
Bloomberg Maker of $555,000 Flying Motorbikes to Begin Trading in US (Bloomberg) — A Japanese maker of flying motorbikes will list on the Nasdaq stock exchange and start trading as early as Friday in New York, making it the fifth company from the Asian nation to join the tech-heavy bourse, according to people familiar with… Continue reading Here’s Why Nio and Ford Could Be 2023’s Top EV Growth Stocks
Lear Reports Fourth Quarter and Full Year 2022 Results and Provides Full Year 2023 Outlook
SOUTHFIELD, Mich., Feb. 2, 2023 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the fourth quarter and full year 2022 and provided its financial outlook for the full year 2023. Lear Corporation Logo. (PRNewsFoto/Lear Corporation) (PRNewsfoto/Lear Corporation) Fourth Quarter 2022 Highlights Sales increased 10%… Continue reading Lear Reports Fourth Quarter and Full Year 2022 Results and Provides Full Year 2023 Outlook
Lear Named One of FORTUNE’S 2023 Most Admired Companies
Company makes list for the 7th consecutive year SOUTHFIELD, Mich., Feb. 1, 2023 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, has been named to FORTUNE magazine’s “World’s Most Admired Companies” list for the seventh consecutive year. Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and… Continue reading Lear Named One of FORTUNE’S 2023 Most Admired Companies
Eaton named to FORTUNE’s 2023 World’s Most Admired Companies list for sixth straight year
CLEVELAND, February 02, 2023–(BUSINESS WIRE)–Intelligent power management company Eaton has been named one of the World’s Most Admired Companies by FORTUNE magazine for the sixth straight year. “We’re honored to be named among the world’s most admired companies once again,” said Craig Arnold, Eaton chairman and chief executive officer. “This recognition reflects our broader commitment… Continue reading Eaton named to FORTUNE’s 2023 World’s Most Admired Companies list for sixth straight year
Aptiv PLC (APTV) Q4 Earnings and Revenues Surpass Estimates
Aptiv PLC (APTV) came out with quarterly earnings of $1.27 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 6.72%. A quarter ago, it was expected that… Continue reading Aptiv PLC (APTV) Q4 Earnings and Revenues Surpass Estimates
UPDATE 2-Aptiv says no EV production surge yet after price cuts
(Adds details from earnings call, share movement) Feb 2 (Reuters) – Executives at auto parts supplier Aptiv Plc said on Thursday they do not yet see a surge in electric vehicle (EV) production after recent price cuts by its client Tesla Inc and other automakers. “Those (pricing) actions have happened in the last couple of… Continue reading UPDATE 2-Aptiv says no EV production surge yet after price cuts
Aptiv says no EV production surge yet after price cuts
(Reuters) -Executives at auto parts supplier Aptiv Plc said on Thursday they do not yet see a surge in electric vehicle (EV) production after recent price cuts by its client Tesla Inc and other automakers. “Those (pricing) actions have happened in the last couple of weeks, we have not seen big schedule moves yet. Not… Continue reading Aptiv says no EV production surge yet after price cuts
These Are The 5 Best EV Stocks To Buy And Watch Now
Motley Fool Datadog Stock Is Joining My Watchlist. Here’s Why Tech companies are facing a tough time as the digitalization trend that surged during the pandemic returns to normal levels. Pair that with worsening macroeconomic conditions, and top tech companies like Amazon, Alphabet, and Meta have announced massive layoffs as the environment becomes increasingly challenging.… Continue reading These Are The 5 Best EV Stocks To Buy And Watch Now