Author: Yarhow_Finance Online News

Aptiv Tops Expectations but Chip Shortage Will Continue to Hit Self-Driving Cars, EVs.

Motley Fool Why Nvidia Stock Rocketed Higher Today For the sixth day in a row, shares of semiconductors specialist Nvidia (NASDAQ: NVDA) marched higher Thursday — actually, they kind of ran higher, running up 8.5% through 11:11 a.m. EDT on the back of positive analyst commentary from Wells Fargo. The same kind of commentary, I… Continue reading Aptiv Tops Expectations but Chip Shortage Will Continue to Hit Self-Driving Cars, EVs.

Aptiv PLC (APTV) Misses Q3 Earnings Estimates

Aptiv PLC (APTV) came out with quarterly earnings of $0.38 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $1.13 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -7.32%. A quarter ago, it was expected that… Continue reading Aptiv PLC (APTV) Misses Q3 Earnings Estimates

Lear Corp (LEA) Q3 2021 Earnings Call Transcript

CNW Group Cardiol Therapeutics Announces Pricing of Public Offering of Units Cardiol Therapeutics Inc. (NASDAQ: CRDL) (TSX: CRDL) (“Cardiol” or the “Company”), a clinical-stage biotechnology company focused on developing anti-inflammatory therapies for the treatment of cardiovascular disease (CVD), announced today the pricing of its previously announced public offering (the “Offering”) of 16,350,000 units of the… Continue reading Lear Corp (LEA) Q3 2021 Earnings Call Transcript

Eaton (ETN) Q3 Earnings Surpass Estimates, Revenues Lag

Eaton Corporation ETN reported third-quarter 2021 earnings of $1.75 per share, which surpassed the Zacks Consensus Estimate of $1.73 by 1.2%. Furthermore, earnings were up 30% year over year. The bottom line was within the expected range of $1.72-$1.82 per share. GAAP earnings for the reported quarter were $1.57 per share compared with $1.11 in… Continue reading Eaton (ETN) Q3 Earnings Surpass Estimates, Revenues Lag

BorgWarner (BWA) Beats on Q3 Earnings, Dims ’21 Projections

BorgWarner Inc. BWA reported adjusted earnings of 80 cents per share for third-quarter 2021, declining from 88 cents recorded in the prior-year period. The bottom line, however, beat the Zacks Consensus Estimate of 66 cents. Higher-than-anticipated revenues from Air Management and Aftermarket segments resulted in the outperformance. This automotive equipment supplier reported net sales of… Continue reading BorgWarner (BWA) Beats on Q3 Earnings, Dims ’21 Projections

Fisker Secures Long-term Battery Capacity With CATL for the Fisker Ocean SUV

Fisker and CATL agree to over 5 gigawatt-hours (GWh) annual battery capacity for the Fisker Ocean SUV. Fisker will utilize CATL’s unique dual-chemistry cell capability to optimize performance, application, cost and market position across the Fisker Ocean option package lineup. Fisker and CATL to optimize battery pack structure to support Fisker Ocean packaging requirements. CATL… Continue reading Fisker Secures Long-term Battery Capacity With CATL for the Fisker Ocean SUV

Lear (LEA) Misses Q3 Earnings Estimates

Lear (LEA) came out with quarterly earnings of $0.53 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $3.73 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -5.36%. A quarter ago, it was expected that this… Continue reading Lear (LEA) Misses Q3 Earnings Estimates

Nio stock sinks after October deliveries fall

Shares of Nio Inc. sank 4.1% in premarket trading Monday, after the China-based electric vehicle company reported October deliveries that fell 27.% from a year ago, as restructuring, upgrading of manufacturing lines and preparation of new products acted as drag. The company delivered 3,667 vehicles in October, consisting of 218 ES8 six- or seven-seater SUVs… Continue reading Nio stock sinks after October deliveries fall

NIO Inc. Provides October 2021 Delivery Update

NIO delivered 3,667 vehicles in October 2021, decreasing by 27.5% year-over-year due to restructuring and upgrades of manufacturing lines and preparation of new products introduction Cumulative deliveries of the ES8, ES6 and EC6 as of October 31, 2021 reached 145,703 SHANGHAI, China, Nov. 01, 2021 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE:… Continue reading NIO Inc. Provides October 2021 Delivery Update