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
Author: Yarhow_Finance Online News
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
3 Best Buys as Foreign Auto Industry Gets Into High Gear
The soaring popularity of green vehicles is proving to be a major boon for the Zacks Automotive – Foreign industry. Sales of electric vehicles (EVs) are witnessing a massive jump in most countries amid heightening climate concerns. Despite economic worries, vehicle sales in major car markets, including China, Europe and India, are expected to grow year over year… Continue reading 3 Best Buys as Foreign Auto Industry Gets Into High Gear
Auto Sector Q4 Earnings Roster for Feb 2: F, HOG & More
The fourth-quarter 2022 earnings season for the Auto-Tires-Trucks sector kicked off last week. So far this earnings season, three S&P sector components— namely Tesla, PACCAR and General Motors— have come up with quarterly numbers. Despite the industry odds, all three companies not only managed to pull off a comprehensive beat but also witnessed year-over-year growth in the… Continue reading Auto Sector Q4 Earnings Roster for Feb 2: F, HOG & More
Eaton Named to Newsweek’s First Annual List of America’s Greatest Workplaces for Diversity
CLEVELAND / ACCESSWIRE / January 31, 2023 / Intelligent power management company Eaton (NYSE:ETN) announced it has been named to Newsweek’s inaugural list of America’s Greatest Workplaces for Diversity. Scoring was based on publicly available data, interviews with Human Resources professionals and an anonymous online survey of employees at companies with more than 1,000 people.… Continue reading Eaton Named to Newsweek’s First Annual List of America’s Greatest Workplaces for Diversity
Exclusive-Toyota to outline 3-year EV plan changes to suppliers -sources
By Norihiko Shirouzu (Reuters) – Toyota Motor Corp is expected to outline adjustments to its electric vehicle (EV) strategy to key suppliers early next year, as it races to narrow the gap on price and performance with industry leaders Tesla and BYD, two people with knowledge of the work said. The leading Japanese automaker is… Continue reading Exclusive-Toyota to outline 3-year EV plan changes to suppliers -sources
Toyota supplier Denso posts 76% rise in Q2 profit
TOKYO (Reuters) – Denso Corp, Toyota Motor Corp’s major supplier, reported a 76% rise in second-quarter operating profit on Friday, missing analysts’ estimates. It posted 91.8 billion yen ($626.5 million) in operating profit for the three months to end-September, versus an average 120.48 billion yen profit estimated by five analysts, according to Refinitiv data. A… Continue reading Toyota supplier Denso posts 76% rise in Q2 profit
EVgo Inc. (EVGO) Moves 9.2% Higher: Will This Strength Last?
EVgo Inc. (EVGO) shares ended the last trading session 9.2% higher at $10.14. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock’s 13.5% loss over the past four weeks. Shares of EVgo surged yesterday on increasing optimism surrounding the EV charging… Continue reading EVgo Inc. (EVGO) Moves 9.2% Higher: Will This Strength Last?