Participants Ed Lowenfeld; VP of IR; Lear Corporation Jason M. Cardew; Senior VP & CFO; Lear Corporation Raymond E. Scott; President, CEO & Director; Lear Corporation Colin M. Langan; Senior Equity Analyst; Wells Fargo Securities, LLC, Research Division Dan Meir Levy; Research Analyst; Barclays Bank PLC, Research Division Emmanuel Rosner; Director & Research Analyst; Deutsche… Continue reading Q1 2023 Lear Corp Earnings Call
Category: Automotive
Hyundai Mobis CEO Sung-hwan Cho introduced mobility platform provider strategy at the 44th Vienna International Motor Symposium
Dr. Cho elaborated on the “mobility platform provider” strategy at the 44th Vienna International Motor Symposium. He presented the business expansion strategy being applied on new growth areas, such as UAM, robotics, and PBVs. Dr. Cho said, “Advancement of the mobility technology will improve the quality of life and values of people.” VIENNA and SEOUL,… Continue reading Hyundai Mobis CEO Sung-hwan Cho introduced mobility platform provider strategy at the 44th Vienna International Motor Symposium
Dana Incorporated Reports 2023 First-quarter Financial Results with Record Sales and Higher Profit
Key Highlights Sales of $2.64 billion, an increase of $164 million or 7 percent over last year Net income attributable to Dana of $28 million, an increase of $11 million over last year Diluted EPS of $0.19; diluted adjusted EPS of $0.25, an increase of $0.09 per share Adjusted EBITDA of $204 million, an increase… Continue reading Dana Incorporated Reports 2023 First-quarter Financial Results with Record Sales and Higher Profit
American Axle & Manufacturing (AXL) Expected to Beat Earnings Estimates: Should You Buy?
The market expects American Axle & Manufacturing (AXL) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2023. This widely-known consensus outlook is important in assessing the company’s earnings picture, but a powerful factor that might influence its near-term stock price is how the actual… Continue reading American Axle & Manufacturing (AXL) Expected to Beat Earnings Estimates: Should You Buy?
BorgWarner Partners with the School District of the City of Pontiac to Offer Industry-First Charging System for Buses
Infrastructure development utilizes Environmental Protection Agency (EPA) Clean School Bus Program funding Marks the first EPA-funded school bus program to use BorgWarner’s proprietary sequential charging, which can support up to five dispensers per direct current fast charger (DCFC) Enables vehicle-to-grid (V2G) readiness, providing a means to better optimize energy usage AUBURN HILLS, Mich., April 28,… Continue reading BorgWarner Partners with the School District of the City of Pontiac to Offer Industry-First Charging System for Buses
Webcast Alert: BorgWarner 2023 First Quarter Results Conference Call
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Verisk (VRSK) to Report Q1 Earnings: Here’s What to Expect
Verisk Analytics, Inc. VRSK is scheduled to release first-quarter 2023 results on May 3, before the market open. The company has a decent earnings surprise history with earnings surpassing the Zacks Consensus Estimate in two of the four trailing quarters, missing on one and matching the same on the remaining one occasion. The average earnings… Continue reading Verisk (VRSK) to Report Q1 Earnings: Here’s What to Expect
The Goodyear Tire & Rubber Company (NASDAQ:GT) Shares Could Be 29% Below Their Intrinsic Value Estimate
Key Insights Using the 2 Stage Free Cash Flow to Equity, Goodyear Tire & Rubber fair value estimate is US$15.15 Goodyear Tire & Rubber’s US$10.70 share price signals that it might be 29% undervalued The US$13.29 analyst price target for GT is 12% less than our estimate of fair value In this article we are… Continue reading The Goodyear Tire & Rubber Company (NASDAQ:GT) Shares Could Be 29% Below Their Intrinsic Value Estimate
GOODYEAR TO ANNOUNCE FIRST QUARTER 2023 FINANCIAL RESULTS
AKRON, Ohio, April 27, 2023 /PRNewswire/ — The Goodyear Tire & Rubber Company (NASDAQ: GT) will report first quarter 2023 financial results after market close on Thursday, May 4, followed by an investor conference call at 8:00 a.m. EDT on Friday, May 5. The Goodyear Tire & Rubber Company, Akron, Ohio, USA. (PRNewsFoto/Goodyear Tire &… Continue reading GOODYEAR TO ANNOUNCE FIRST QUARTER 2023 FINANCIAL RESULTS
@Nio: NIO Inc. Files Its Annual Report on Form 20-F000505
SHANGHAI, China, April 28, 2023 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the Securities… Continue reading @Nio: NIO Inc. Files Its Annual Report on Form 20-F000505