BorgWarner (BWA) Q4 Earnings Miss Estimates, Decline Y/Y
BWABorgWarner(BWA) Zacks Investment Research·2024-02-09 01:41

BorgWarner Inc. (BWA) reported adjusted earnings of 90 cents per share for fourth-quarter 2023, down from 1.26recordedintheprioryearquarter.ThebottomlinealsomissedtheZacksConsensusEstimateof93cents.Theautomotiveequipmentsupplierreportednetsalesof1.26 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 3.61billion.Thetoplinedeclined14.43.61 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 ...