Author: Yarhow_Finance Online News

Eaton’s (ETN) Q2 Earnings and Revenues Surpass Estimates

Eaton Corporation ETN reported second-quarter 2020 earnings of 70 cents per share, which surpassed the Zacks Consensus Estimate of 52 cents by 34.6%. However, earnings were down 54.2% year over year due to weakness in some of its end markets. GAAP earnings in the reported quarter were 13 cents per share compared with $1.50 in… Continue reading Eaton’s (ETN) Q2 Earnings and Revenues Surpass Estimates

Dana (DAN) Reports Q2 Loss, Tops Revenue Estimates

Dana (DAN) came out with a quarterly loss of $0.69 per share versus the Zacks Consensus Estimate of a loss of $0.79. This compares to earnings of $0.87 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 12.66%. A quarter ago, it was expected… Continue reading Dana (DAN) Reports Q2 Loss, Tops Revenue Estimates

Recap: Dana Q2 Earnings

Shares of Dana (NYSE:DAN) rose 0.5% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share decreased 179.31% year over year to ($0.69), which beat the estimate of ($0.79). Revenue of $1,078,000,000 declined by 53.25% from the same period last year, which beat the estimate of $1,060,000,000. Looking Ahead Earnings guidance… Continue reading Recap: Dana Q2 Earnings

Dana Incorporated Reports Second-quarter 2020 Financial Results

MAUMEE, Ohio , July 30, 2020 /PRNewswire/ — Dana Incorporated logo. (PRNewsFoto/Dana Incorporated) More Second-quarter Highlights Sales of $1.08 billion ; year-over-year change driven by effects of global pandemic Net loss attributable to Dana of $174 million ; diluted EPS a loss of $1.20 Near breakeven adjusted EBITDA Diluted adjusted EPS a loss of $0.69… Continue reading Dana Incorporated Reports Second-quarter 2020 Financial Results

Webcast Alert: BorgWarner 2020 Second Quarter Results Conference Call

AUBURN HILLS, Mich., July 29, 2020 /PRNewswire/ — BorgWarner Inc. (NYSE: BWA) announces the following Webcast: BorgWarner Logo (PRNewsfoto/BorgWarner) More What:         BorgWarner 2020 Second Quarter Results Conference Call When:         August 5, 2020 @ 9:30am Eastern Time Where:         http://www.borgwarner.com/en/Investors/default.aspx How:              Live over the Internet — Simply log on to the web at the address above.… Continue reading Webcast Alert: BorgWarner 2020 Second Quarter Results Conference Call

Aptiv (APTV) Incurs Q2 Loss Amid Coronavirus Crisis, Cancels View

Aptiv PLC APTV reported second-quarter 2020 adjusted loss of $1.1 per share. In the year-ago quarter, the company had generated earnings of $1.33 per share. The reported figure is narrower than the Zacks Consensus Estimate of a loss of $1.43 per share. Revenues of $1.96 billion marginally missed the consensus estimate and plunged 46% year… Continue reading Aptiv (APTV) Incurs Q2 Loss Amid Coronavirus Crisis, Cancels View

Aptiv Reports Second Quarter 2020 Financial Results

Cision More DUBLIN , July 30, 2020 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener and more connected, today reported a second quarter 2020 U.S. GAAP loss of $1.43 per diluted share. Excluding special items, the second quarter loss totaled $1.10 per diluted share. These results include… Continue reading Aptiv Reports Second Quarter 2020 Financial Results

GM CEO says spinoff of the automaker’s EV assets not off the table

By Ben Klayman DETROIT, July 29 (Reuters) – General Motors Co Chief Executive Mary Barra said Wednesday “nothing is off the table” when it comes to maximizing the value of the No. 1 U.S. automaker’s electric vehicle efforts, including a possible spinoff of those assets. Speaking to analysts after GM reported a smaller-than-expected loss in… Continue reading GM CEO says spinoff of the automaker’s EV assets not off the table