Goodyear (GT) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 6.98%. A quarter ago, it was expected that this… Continue reading Goodyear (GT) Q2 Earnings and Revenues Top Estimates
Author: Yarhow_Finance Online News
Goodyear Tire stock jumps nearly 5% after profit, sales rises above expectations
Shares of Goodyear Tire & Rubber Co. jumped 4.9% toward a two-month high in premarket trading Friday, after the tire maker reported second-quarter profit and sales that rose above expectations. The upbeat results were a welcome relief to investors, as the stock tumbled 9.5% the day first-quarter results were reported, and 27.4% after fourth quarter… Continue reading Goodyear Tire stock jumps nearly 5% after profit, sales rises above expectations
Fisker CEO: The Inflation Reduction Act will ‘slow down the adoption of EVs’
Fisker CEO and Chairman Henrik Fisker joins Yahoo Finance’s Pras Subramanian and Akiko Fujita to discuss the electric vehicle maker’s latest models, the outlook for production and supply chain issues, auto segments and competition, and how the Inflation Reduction Act could impact the electric vehicle market. Video Transcript AKIKO FUJITA: We are beginning this hour,… Continue reading Fisker CEO: The Inflation Reduction Act will ‘slow down the adoption of EVs’
Lear (LEA) Q2 Earnings Beat Estimates, Revenues Increase Y/Y
Lear Corporation LEA reported second-quarter 2022 adjusted earnings of $1.79 per share, plunging around 27% year over year from $2.45. The bottom line, however, surpassed the Zacks Consensus Estimate of $1.34 per share. Higher-than-expected sales and earnings from the Seating segment led to the upside. In the reported quarter, revenues inched up 6.5% year over… Continue reading Lear (LEA) Q2 Earnings Beat Estimates, Revenues Increase Y/Y
Dana Incorporated to Participate in J.P. Morgan Auto Conference
MAUMEE, Ohio, Aug. 4, 2022 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today it will participate in the J.P. Morgan Auto Conference on Aug. 10, 2022. Dana Incorporated logo. (PRNewsFoto/Dana Incorporated) Beginning at 12:45 p.m. EDT, Dana’s Chairman and Chief Executive Officer James Kamsickas and Senior Vice President and Chief Financial Officer Timothy Kraus will provide… Continue reading Dana Incorporated to Participate in J.P. Morgan Auto Conference
Dana Shares Slide On Q2 Bottom-Line Miss, FY22 EPS Outlook Cut
Motley Fool Why Fastly Stock Is Falling Today Shares of Fastly (NYSE: FSLY), a content delivery network company, were tumbling today after management reported second-quarter results that disappointed investors. Fastly beat analysts’ top-line consensus estimate, but earnings fell short of Wall Street’s expectations. In a press release, CEO Joshua Bixby said, “We are pleased to… Continue reading Dana Shares Slide On Q2 Bottom-Line Miss, FY22 EPS Outlook Cut
BorgWarner Installs First Fast Charging Stations In Italy
Reuters Exclusive: UnitedHealth struggling to sell Brazilian unit Amil – sources UnitedHealth Group Inc, the top U.S. healthcare company by market capitalization, is struggling to sell Brazilian unit Amil due to antitrust issues and growing losses from individual health plans, according to four people with knowledge of the matter. After studying ways to divest Amil… Continue reading BorgWarner Installs First Fast Charging Stations In Italy
BorgWarner Shares Gain On Q2 Results, Acquires Rhombus Energy Solutions
MarketWatch Qorvo stock rallies on earnings beat Qorvo Inc. shares rallied in the extended session Wednesday after the semiconductor company topped Wall Street estimates for the quarter. Qorvo shares rallied more than 7% after hours, following a 3.6% gain in the regular session to close at $106.87. The company reported fiscal first-quarter net income of… Continue reading BorgWarner Shares Gain On Q2 Results, Acquires Rhombus Energy Solutions
Aptiv PLC (APTV) Lags Q2 Earnings and Revenue Estimates
Aptiv PLC (APTV) came out with quarterly earnings of $0.22 per share, missing the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -64.52%. A quarter ago, it was expected that… Continue reading Aptiv PLC (APTV) Lags Q2 Earnings and Revenue Estimates
Aptiv Cuts FY22 Forecast On Q2 Earnings Miss
Motley Fool Why Fastly Stock Is Falling Today Shares of Fastly (NYSE: FSLY), a content delivery network company, were tumbling today after management reported second-quarter results that disappointed investors. Fastly beat analysts’ top-line consensus estimate, but earnings fell short of Wall Street’s expectations. In a press release, CEO Joshua Bixby said, “We are pleased to… Continue reading Aptiv Cuts FY22 Forecast On Q2 Earnings Miss