In the latest market close, BorgWarner (BWA) reached $32.12, with a +0.28% movement compared to the previous day. The stock exceeded the S&P 500, which registered a loss of 0.65% for the day. On the other hand, the Dow registered a loss of 0.49%, and the technology-centric Nasdaq decreased by 0.96%. Heading into today, shares of the auto parts supplier had gained 1.71% over the past month, outpacing the Auto- Tires-Trucks sector's loss of 3.44% and lagging the S&P 500's gain of 3.27% in that time. Market pa ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about BorgWarner (BWA) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. BorgWarner currently has an av ...

AUBURN HILLS, Mich., March 1, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) ("the Company") today announced that Amy Kulikowski has been appointed Vice President and Chief Accounting Officer. Ms. Kulikowski reports directly to Craig Aaron, whose appointment as Chief Financial Officer is effective today. Ms. Kulikowski comes to BorgWarner with more than 25 years of experience in finance and accounting, most recently with Cooper-Standard Holdings Inc. as its Chief Accounting Officer. Ms. Kulikowski is a CP ...

In a volatile market, many investors follow the strategy of chasing their winners higher. Money has flooded stocks such as Nvidia (NASDAQ:NVDA). However, many of these stocks are objectively overvalued. While they may still be good investments, they’re hardly good deal stocks. On the other hand, many investors understand the value of buying stocks when they’re on sale. But not every stock that is on sale is a real deal. That’s where the axiom “some stocks are cheap for a reason” applies. To find real deal s ...

财务数据和关键指标变化 - 2023年全年销售额约140亿美元,有12%的有机增长 [11] - 2023年毛利率表现强劲,达到指引区间的高端 [11] - 2023年自由现金流565百万美元,支持了1.77亿美元的股票回购以及Eldor收购的完成 [12] 各条业务线数据和关键指标变化 - 公司调整了电动产品(eProducts)的收入目标,导致总收入略低于指引中值,但利润率更高 [12] - 电动产品(eProducts)销售额预计2024年将达到25-40%的同比增长,其中电池系统业务增长55-75% [23][24] - 其他电动产品业务预计增长14-27%,与预期的电动车和混合动力市场增长基本一致 [25] 各个市场数据和关键指标变化 - 预计2024年公司加权的全球轻型和商用车市场将持平至下降2.5% [45] - 其中北美市场预计下降1%至增长1%,欧洲市场预计下降2%至4%,中国市场预计下降1%至增长1% [45] 公司战略和发展方向及行业竞争 - 公司已经完成了Eldor电子业务的收购,并与比亚迪子公司FinDreams Battery达成战略合作,进一步丰富了电动产品组合 [19][21][22] - 公司还与陕西法士特集团(潍柴子公司)成立合资公司,加速商用车电动化产品的开发和增长 [20] - 公司认为尽管短期内电动车和混合动力市场存在波动,但中长期趋势仍然强劲 [26][30] - 公司正在平衡短期利润率和长期目标,继续投资未来增长 [30] 管理层对经营环境和未来前景的评论 - 公司认为自身具有产品组合的弹性和抗风险能力,在电动车和混合动力市场波动时,传统业务可以提供收益弹性 [28][52] - 公司将继续保持财务纪律,审慎进行有机和非有机投资,以确保长期增长和财务实力 [96][97] 问答环节重要的提问和回答 问题1 **John Murphy 提问** 如果市场增长2.5%而不是下降2.5%,这可能会带来约3.55亿美元的额外收入,并且可能转化为15-20%的增量利润率,这是否合理? [62][63] **Kevin Nowlan 回答** 这是合理的,如果市场表现好于预期,我们将能够转化中teens的增量利润率 [63] 问题2 **Unidentified Analyst 提问** Eldor业务的亏损何时会减少?公司如何看待这一影响? [66][67][68][69] **Fred Lissalde 和 Kevin Nowlan 回答** Eldor业务的亏损在公司的预期之内,公司相信通过自身的商业化和全球化能力,未来几年内Eldor业务将为公司带来盈利贡献 [68][69] 问题3 **Emmanuel Rosner 提问** 公司如何看待传统业务收入下降对利润率的影响,以及未来是否需要进行重组来应对? [118][119][120][121] **Kevin Nowlan 和 Fred Lissalde 回答** 公司将通过价格管理、成本控制和重组等措施来维护传统业务的利润率,即使收入有所下降也能保持整体的中teens增量利润率 [119][120][121]

BorgWarner Inc. (BWA) reported adjusted earnings of 90 cents per share for fourth-quarter 2023, down from $1.26 recorded in the prior-year quarter. The bottom line also missed the Zacks Consensus Estimate of 93 cents. The automotive equipment supplier reported net sales of $3.52 billion, missing the Zacks Consensus Estimate of $3.61 billion. The top line declined 14.4% year over year. Segmental Performance Air Management: Net sales totaled $1.88 billion in the reported quarter compared with $1.81 billion in ...

For the quarter ended December 2023, BorgWarner (BWA) reported revenue of $3.52 billion, down 14.3% over the same period last year. EPS came in at $0.90, compared to $1.26 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $3.61 billion, representing a surprise of -2.43%. The company delivered an EPS surprise of -3.23%, with the consensus EPS estimate being $0.93. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stre ...

BorgWarner财报 - BorgWarner (BWA)在最近的季度财报中每股收益为0.90美元，低于Zacks Consensus Estimate的0.93美元[1] - BorgWarner在过去四个季度中两次超过了市场预期的每股收益[2] - BorgWarner在2023年12月份的季度营收为35.2亿美元，低于Zacks Consensus Estimate的2.43%[3] - BorgWarner股价的短期走势将主要取决于管理层在财报电话会议上的评论[4]

AUBURN HILLS, Mich., Feb. 8, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported fourth quarter and full-year results. Charging Forward Update: BorgWarner has announced a strategic relationship agreement with FinDreams Battery, a subsidiary of BYD Company Limited. Under this agreement, BorgWarner will be the only non-OEM localized manufacturer, unaffiliated with FinDreams Battery, with rights to localize LFP battery packs for commercial vehicles utilizing FinDreams Battery blade cells in Europe, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 Form 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-12162 BorgWarner Inc. (Exact name of registrant as specified in its charter) Delaware 13-3404508 (State or other jurisdiction of Incorp ...