Magna (MGA) came out with quarterly earnings of $1.07 per share, missing the Zacks Consensus Estimate of $1.13 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 -5.31%. A quarter ago, it was expected that this… Continue reading Magna (MGA) Q3 Earnings and Revenues Lag Estimates
Author: Yarhow_Finance Online News
Magna Announces Third Quarter 2022 Results
Magna International Inc. Swamy Kotagiri, Magna’s Chief Executive Officer “In the third quarter, we managed through an operating environment that remains challenged by ongoing production schedule volatility and elevated energy costs in Europe. We continue to take steps to address the short-term industry turbulence as well as operating inefficiencies at certain facilities, while remaining focused… Continue reading Magna Announces Third Quarter 2022 Results
Eaton Corporation plc (NYSE:ETN) Will Pay A US$0.81 Dividend In Four Days
It looks like Eaton Corporation plc (NYSE:ETN) is about to go ex-dividend in the next 4 days. The ex-dividend date is usually set to be one business day before the record date which is the cut-off date on which you must be present on the company’s books as a shareholder in order to receive the… Continue reading Eaton Corporation plc (NYSE:ETN) Will Pay A US$0.81 Dividend In Four Days
Autoliv launches holistic approach to motorcycle safety to save more lives
STOCKHOLM and MILAN, Nov. 4, 2022 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, is looking beyond the car and developing a series of products to significantly improve motorcycle safety. The concepts include the world’s first motorcycle helmet with an integrated airbag for enhanced head protection in collaboration… Continue reading Autoliv launches holistic approach to motorcycle safety to save more lives
Aptiv’s (APTV) Q3 Earnings Beat Estimates, Increase Y/Y
Aptiv PLC APTV reported better-than-expected third-quarter 2022 results. Adjusted earnings of $1.28 per share beat the Zacks Consensus Estimate by 23.1% and increased more than 100% on a year-over-year basis. The bottom line was hurt by the adverse impacts of pandemic lockdowns in China, continued global inflationary pressures and the worldwide semiconductor shortage. Revenues of $4.6… Continue reading Aptiv’s (APTV) Q3 Earnings Beat Estimates, Increase Y/Y
Adient (ADNT) Q4 Earnings and Revenues Surpass Estimates
Adient (ADNT) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to loss of $0.24 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 3.92%. A quarter ago, it was expected that this… Continue reading Adient (ADNT) Q4 Earnings and Revenues Surpass Estimates
Adient reports fourth quarter 2022 financial results
Company expects increased earnings, margin and free cash flow in FY23; Adient’s Board of Directors approves a $600M share repurchase program PLYMOUTH, Mich., Nov. 4, 2022 /PRNewswire/ — Adient (NYSE: ADNT), a global leader in automotive seating, today announced fourth quarter 2022 financial results. Q4 GAAP net income and EPS diluted of $45M and $0.47, respectively;… Continue reading Adient reports fourth quarter 2022 financial results
Goodyear’s (GT) Q3 Earnings Lag Estimates, Revenues Up Y/Y
Goodyear Tire GT reported third-quarter 2022 adjusted earnings per share of 40 cents, missing the Zacks Consensus Estimate of 61 cents. Lower-than-anticipated revenues and operating income in the Americas and EMEA segments, and lesser-than-expected sales in the Asia Pacific segment weighed on the results. The bottom line decreased 44.4% from the year-ago figure of 72… Continue reading Goodyear’s (GT) Q3 Earnings Lag Estimates, Revenues Up Y/Y
Why Shares in Goodyear Slumped 20% This Week
Shares in Goodyear Tire & Rubber (NASDAQ: GT) were down more than 20% on the week as of the market close on Thursday afternoon. Meanwhile, this was supposed to be the year when car production ramped up, and raw material cost inflation subsided for Goodyear. Raw material inflation continued to surge, and management now expects… Continue reading Why Shares in Goodyear Slumped 20% This Week
15 Biggest Electric Car Companies in the World
We will take a look at the 15 biggest electric car companies in the world. To skip our analysis of the recent market trends, you can go directly to see the 5 Biggest Electric Car Companies in the World. Adaptation and demand for electric vehicles has picked up in recent years with deteriorating climate conditions… Continue reading 15 Biggest Electric Car Companies in the World