Magna (MGA) came out with quarterly earnings of $0.83 per share, missing the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $1.40 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -10.75%. A quarter ago, it was expected that this… Continue reading Magna (MGA) Q2 Earnings Lag Estimates
Tag: Contract Manufacturer
Global Vehicle Electrification Market Report 2022-2027: Declining Prices of Batteries Around the World Presents Lucrative Growth Opportunities
DUBLIN, July 29, 2022 /PRNewswire/ — The “Vehicle Electrification Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering. The global vehicle electrification market reached a value of US$ 78.78 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$ 123.01… Continue reading Global Vehicle Electrification Market Report 2022-2027: Declining Prices of Batteries Around the World Presents Lucrative Growth Opportunities
Magna Announces Second Quarter 2022 Results
Sales of $9.4 billion increased 4%, compared to global light vehicle production increase of 2% Diluted loss per share of $0.54 includes $1.24 of non-cash impairment charges related to our investment in Russia Adjusted diluted earnings per share decreased 41% Increased sales outlook AURORA, Ontario, July 29, 2022 (GLOBE NEWSWIRE) — Magna International Inc.… Continue reading Magna Announces Second Quarter 2022 Results
Bushu Pharma Lauded by Frost & Sullivan for Enabling the Launch of Specialty Drugs in Japan and Asia-Pacific and Offering Customer Value with Its Advanced Gateway to Asia Services
The Gateway to Asia initiative ensures quality and timely delivery through shorter lead times, temperature and humidity control, and streamlined urgent order processing SAN ANTONIO, July 27, 2022 /PRNewswire/ — Based on its recent analysis of the pharmaceutical supply chain contract services industry, Frost & Sullivan recognizes Bushu Pharma with the 2022 Japan Customer Value Leadership… Continue reading Bushu Pharma Lauded by Frost & Sullivan for Enabling the Launch of Specialty Drugs in Japan and Asia-Pacific and Offering Customer Value with Its Advanced Gateway to Asia Services
Sono Motors reveals final design of its solar-charging Sion EV
Sono Motors unveiled this week the final production design of the Sion EV, a solar electric vehicle that’s been in the making since the Munich-based startup launched in 2016. It’s been a long and bumpy road for Sono Motors, a journey that involved a couple of crowdfunding campaigns, a near insolvency and a debut on… Continue reading Sono Motors reveals final design of its solar-charging Sion EV
Woes continue for Faraday Future as it delays FF 91 production launch to seek additional capital
EV startup Faraday Future continues its uphill battle to get its flagship EV, the FF 91 into production. According to its latest report, the launch of the FF 91, which was scheduled as early as this month, will be pushed deeper into 2022 as the company seeks additional capital to start production and beyond. This… Continue reading Woes continue for Faraday Future as it delays FF 91 production launch to seek additional capital
Earnings Preview: Gentherm (THRM) Q2 Earnings Expected to Decline
Gentherm (THRM) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2022. This widely-known consensus outlook gives a good sense of the company’s earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term… Continue reading Earnings Preview: Gentherm (THRM) Q2 Earnings Expected to Decline
Looking for Stocks with Positive Earnings Momentum? Check Out These 2 Auto-Tires-Trucks Names
Quarterly financial reports play a vital role on Wall Street, as they help investors see how a company has performed and what might be coming down the road in the near-term. And out of all of the metrics and results to consider, earnings is one of the most important. We know earnings results are vital,… Continue reading Looking for Stocks with Positive Earnings Momentum? Check Out These 2 Auto-Tires-Trucks Names
High Operational Costs to Hurt QuantumScape (QS) in Q2 Earnings
QuantumScape Corporation QS is slated to release second-quarter 2022 results on Jul 27, after the closing bell. The Zacks Consensus Estimate is pegged at a loss of 19 cents per share for the quarter. The estimate for loss per share has remained unchanged over the past 60 days. In the last reported quarter, this solid-state battery… Continue reading High Operational Costs to Hurt QuantumScape (QS) in Q2 Earnings
LKQ Q2 Earnings Coming Up: What Should Investors Expect?
LKQ Corporation LKQ is slated to release second-quarter 2022 results on Jul 28, before market open. The Zacks Consensus Estimate for the quarter’s earnings and revenues is pegged at $1.02 per share and $3.39 billion, respectively. The Zacks Consensus Estimate for LKQ’s second-quarter earnings per share has been revised downward by a penny in the past 30 days. The… Continue reading LKQ Q2 Earnings Coming Up: What Should Investors Expect?